news

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

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 begin commercial passenger service in 2025, popularizing air taxi deliveries and operations in dayton, ohio, usa. unlike other aircraft manufacturers that plan to sell electric vertical takeoff and landing vehicles (evtol) to customers such as airlines and logistics companies,joby’s business model is similar to that of a ride-sharing app, operating its own passenger transportation business.