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Joby Aviation and Toyota form joint venture to boost eVTOL air taxi production.

Market News
30 Jun 2026
Proactive Investors
View Source
Bullish
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Joby Aviation and Toyota Motor have launched a joint venture to advance the manufacturing of electric vertical take-off and landing (eVTOL) aircraft, aiming to scale production and improve efficiency, quality, and cost control. This partnership leverages Joby's aviation technology and Toyota's manufacturing expertise to prepare for growing demand as Joby moves toward aircraft certification. The collaboration reflects a shared vision to make air mobility a common mode of transportation and integrate it into broader mobility systems. Toyota's chairman emphasized air mobility as a natural extension of the company's long-standing commitment to providing mobility solutions.

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