Toyota's substantial investment of $500 million signifies its commitment to the future of air mobility, focusing on Joby Aviation’s electric VTOL aircraft for urban transport.
Joby Aviation’s innovative aircraft, capable of reaching speeds up to 200mph and travelling 150 miles per charge, marks a significant advancement in urban air travel.
The partnership between Toyota and Joby represents a strategic move into the air taxi market, showcasing collaboration in technology development and manufacturing for future ride-hailing services.
With Joby's air taxis expected to be 100 times quieter than traditional aircraft, this development could transform urban transportation and redefine air travel experiences.
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