Toyota will invest an additional $500 million in the Joby flying taxi

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Toyota will invest an additional $500 million in the Joby flying taxi
October 2. /MEDIA TALK/.On Wednesday, October 2, it became known that Toyota will invest an additional $ 500 million in the production of a flying electric taxi. We are talking about the Joby Aviation project, which produces special devices for private air transportation, according to a release from the Japanese automaker.

Toyota intends to divide the investment amount into two tranches. The first will be sent to the company at the end of 2024, the second in 2025. At the same time, the total volume of the concern's investments in Joby Aviation will amount to $ 894 million.


Photo: ru.freepik.com

The car manufacturer explained that in this way he intends to support the certification and production of the organization's air taxi.

It should be noted that the two companies have been cooperating for seven years now.

Recall that last week production of Lada e-Largus was launched in Izhevsk. By the end of this year, AvtoVAZ intends to produce several dozen such cars.
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