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it house news on october 3, toyota motor america announced yesterday that it will invest an additional us$500 million in joby aviation (it house note: currently about 3.513 billion yuan) to support the certification and commercialization of its electric air taxis. production.

▲ electric vertical take-off and landing aircraft produced by joby company

it is reported that the investment will be carried out in two phases, with the first phase scheduled to be completed later this year and the second phase scheduled to be completed in 2025. toyota motor corporation's total investment in joby will reach us$894 million (currently approximately 6.282 billion yuan).

joby plans to start commercial passenger transportation services in 2025, popularizing air taxis in dayton, ohio, to achieve delivery and operation. unlike other aircraft manufacturers that plan to sell electric vertical takeoff and landing aircraft (evtol) to customers such as airlines and logistics companies, joby's business model is similar to that of a ride-sharing app, which is to operate its own passenger transportation business.