Toyota pours another $500 million into electric air taxi startup Joby Aviation adding up to a total of almost $900 million

The sky is the limit for traditional car makers like Toyota! 😊

"Toyota is doubling down on Joby Aviation with a $500 million investment into the California-based company that’s developing electric air taxis. Toyota’s total investment in Joby, which includes a $394 million capital injection back in 2020, is now $894 million. ..."

Toyota pours another $500M into electric air taxi startup Joby Aviation | TechCrunch