Joby Aviation has announced the closing of the first portion of $250 million from a previously announced strategic investment ...

The collaboration between the two companies has been ongoing for seven years, with Toyota investing $500m in Joby Aviation to support the final development stages of its eVTOL aircraft.

Separately, the pair signed an agreement that could allow Toyota to build, maintain, repair, and overhaul (MRO) Joby’s air taxi—and potentially even fly it in Japan. The collaboration would ...

Toyota Motor Corp. has invested $250 million in Joby Aviation ... “This milestone further cements the collaboration and alignment between our two companies,” Tetsuo “Ted” Ogawa, CEO ...

Being in business with huge companies is sometimes good for your stock if you’re not a big company. So, we had an Indeed ...

“Today’s investment builds on nearly seven years of collaboration between our companies,” said JoeBen Bevirt, founder and CEO, Joby Aviation. “The knowledge and support shared by Toyota ...

Upon completion, Toyota’s total investment in Joby will amount to $894 million, solidifying its position as a significant ...

Toyota now owns 15.3% of Joby’s stock. “The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for ...

Joby Aviation Inc.’s stock was up nearly 11% on Wednesday after the electric-air-taxi company said Toyota Motor Corp. agreed to invest $500 million behind the commercial launch of its business.

“This milestone further cements the collaboration and alignment between our two companies,” Tetsuo “Ted” Ogawa, CEO of Toyota North America, said in a statement Tuesday. Joby said recently ...

After the investment, which will come in two equal tranches later this year and next, Toyota will own about 22% of Joby’s outstanding shares. “Today’s investment builds on nearly seven years of ...