Toyota is on the way with Joby Aviation towards a new era of air mobility. By strengthening the partnership with them, Toyota’s 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.

 Joby is progressing towards regulatory certification, and with our support, completed new aircraft and advanced certification milestones, reflecting a shared commitment to transforming transportation. Both organisations reaffirm their commitment to a sustainable future and aim to ease today’s urban mobility challenges. With Joby, Toyota aims not only to cut down congestion but also to reduce carbon emissions.

Toyota has 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 their legacy with Joby’s innovative electric air taxis, Toyota is on its 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.

Source: Toyota