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Elevating the air mobility partnership with Joby

Toyota’s journey toward electric air mobility is taking off with Joby aviation
22/10/2024
We are on the way with Joby Aviation towards a new era of air mobility. By strengthening our partnership with them, our additional €460 million investment will support Joby’s mission to bring electric air taxis to market, reshaping urban transportation with a focus on sustainability and innovation.

“The knowledge and support shared by Toyota has been instrumental in Joby's success and we look forward to deepening our relationship as we deliver on our shared vision for the future of air travel.”
said JoeBen Bevirt, founder and CEO, Joby Aviation.

Building the future of air mobility

We have been partners with Joby for seven years, united by a vision of revolutionising urban transport. This new €460 million investment brings Toyota’s total investment to around €824 million. It will support certification and commercial production of Joby’s electric air taxis. By combining our legacy with Joby's innovative electric air taxis, we are on our way to unlocking the next frontier of mobility, looking to bring accessible, everyday air travel into reality, merging the speed of flying with the convenience of a ride-share.
“We share Joby's view that sustainable flight will be central to alleviating today's persistent mobility challenges”
said Tetsuo Ogawa, Operating Officer Toyota Corporation.