Toyota to invest another $500m in electric air taxi company Joby Aviation

Toyota to invest another $500m in electric air taxi company Joby Aviation

FILE PHOTO: A sigh of Toyota is pictured at its booth during the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo

Toyota Motor said Wednesday it will invest another $500 million in Joby Aviation to support certification and commercial production of Joby’s electric air taxi.

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