Joby expects to secure Toyota’s second $250m investment before year-end

Though companies have now established a JV, Toyota’s additional funding still requires “final approval” of a manufacturing deal. Air taxi developer Joby Aviation and Toyota Motor Company have formed a joint business that is majority owned by Toyota for the purpose of eventually manufacturing Joby’s in-development S4 electric air taxi, the companies said on 30... The post Joby expects to secure Toyota’s second $250m investment before year-end first appeared on FlightGlobal .