Japanese giant Toyotas Among the vehicles being invested in are electric flying taxis. The company has made a serious investment in Joby Aviation so that the flying taxi startup can obtain the necessary certificates and start producing eVTOL vehicles commercially. 500 million dollars more overlooked.

This investment by Toyota Two separate packages worth $250 million will take place as follows. The first payment will be made this year and the second payment next year. The automaker will also build a production facility together with Joby Aviation. The two companies have been working together since 2023 and the flying taxis are powered by Toyota engines.

Trial flights had begun

California-based Joby Aviation in 2009 was founded. The company announced its big breakthrough with the $100 million backing it received in the investment round from companies such as Intel, Toyota and JetBlue. Those who like the company’s work Toyotahas also appointed its own engineers to support the company.

Joby’s flying taxi has six propellers, including the pilot 5 people can travel. According to the company’s statement, this vehicle can reach a speed of 321 kilometers per hour and travel 241 kilometers on a single charge. It is also stated that this vehicle is 100 times quieter than traditional aircraft.

The company previously conducted test flights in Manhattan. by 2025 It will offer flying taxi services in cities such as New York and Los Angeles.