Toyota puts another $500 million into an air taxi startup Joby

Toyota puts another $500 million into an air taxi startup Joby

Toyota is betting big on air taxis. | Image: Toyota Toyota is investing another $500 million into Joby Aviation to support the air taxi startup’s certification and commercial production of electric VTOL (vertical takeoff and landing) aircrafts for use in a ride-hailing service. The automaker has now invested a total of $894 million since 2018….