Joby Aviation Secures $250M Investment From Toyota

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Joby Aviation, the California-based developer of electric vertical takeoff and landing (eVTOL) aircraft, has announced the successful closing of the first $250 million tranche of a previously disclosed strategic investment from Toyota Motor Corporation. The funding reinforces Toyota’s commitment to supporting Joby’s efforts in bringing electric air mobility to market.

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Archer Aviation Partners with UAE Entities for Air Taxi Operations

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Archer Aviation (US), a pioneer in the electric vertical takeoff and landing (eVTOL) sector, has entered into a collaboration agreement with key stakeholders in the UAE and Abu Dhabi. This strategic partnership aims to advance the establishment of electric air taxi operations in Abu Dhabi, positioning the city as a hub for innovative and sustainable urban mobility solutions.