Toyota to Invest R$ 2.7 Billion to Accelerate Electric Air Taxi Production in the U.S.

Written by Rafaela Fabris Published on 02/10/2024 at 21:33

Toyota investe nos EUA em táxis aéreos elétricos (Imagem: Reprodução)

Japanese Car Manufacturer Reinforces Alliance With Joby Aviation Aiming To Revolutionize Urban Air Transport

Toyota is not just stepping on the accelerator of innovation; it is taking off toward the future! This Wednesday (2), the Japanese giant announced an investment of US$ 500 million (around R$ 2.7 billion) in the American company Joby Aviation, further strengthening the partnership that aims to transform the concept of urban mobility with the electric air taxi. This adds to the US$ 394 million already injected previously, signaling a heavy commitment to the commercial production and certification of these futuristic aircraft.

The electric vertical takeoff and landing (eVTOL) vehicles, like those from Joby Aviation, are being pointed out as the next big step for urban mobility, promising to transport passengers through the skies of large cities and avoid the chaos of traffic on highways.

But the road to the skies has obstacles: the regulations and certifications necessary for this new form of transport to truly take off.

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Chairman of Toyota North America Makes Statement

“Sustainable flight will be key to alleviating today’s mobility challenges,” stated Ted Ogawa, chairman of Toyota North America, reinforcing the automaker’s commitment to contributing to the air revolution.

Toyota engineers are already working side by side with the Joby team in California, joining forces to develop efficient and sustainable electric air taxis.

New Expanded Facility In California

Joby Aviation recently inaugurated a new expanded facility in California, proof that the company is making progress toward commercialization and certification of its aerial vehicles.

JoeBen Bevirt, CEO of Joby, highlighted the collaboration with Toyota, which will provide the main powertrain and other components for the aircraft, as a significant milestone for the future of air mobility.

In addition to Toyota, other automotive giants are entering the game. In July, Stellantis, the parent company of Chrysler, announced a new investment of US$ 55 million in Archer Aviation, another electric air taxi company, while Delta Air Lines invested US$ 60 million in Joby in 2022, aiming for air transport services between airports in New York and Los Angeles.

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The question remains: with so much capital and effort being invested, are we really close to seeing the skies filled with electric air taxis? Share your opinion in the comments!

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Toyota to Invest R$ 2.7 Billion to Accelerate Electric Air Taxi Production in the U.S.

Japanese Car Manufacturer Reinforces Alliance With Joby Aviation Aiming To Revolutionize Urban Air Transport

Chairman of Toyota North America Makes Statement

New Expanded Facility In California

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Toyota to Invest R$ 2.7 Billion to Accelerate Electric Air Taxi Production in the U.S.

Japanese Car Manufacturer Reinforces Alliance With Joby Aviation Aiming To Revolutionize Urban Air Transport

Chairman of Toyota North America Makes Statement

New Expanded Facility In California

In the cold desert of Ladakh, where it hardly rains, engineer Sonam Wangchuk created the ice stupa, a tower that freezes winter water and stores it for irrigating crops in the spring, a simple engineering feat that mimics nature.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

Júlia Pimentel, an 11-year-old from Minas Gerais, independently invented a new formula to calculate the square root using simple addition and multiplication, and her method was published in one of the most important mathematical scientific journals in Brazil.

They planted a sea of eucalyptus to produce cellulose, but the monoculture turned into a green desert, dried up springs and rivers, and pushed families out of regions in Minas Gerais and Bahia.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Heir bought 23,000 degraded acres in the Scottish Highlands, fenced the area, planted nearly 1 million native trees, and transformed empty mountains into a forest officially recognized after meeting 15 evaluation criteria over 20 years.

The Atacama Desert, the driest place on Earth, was covered in flowers and turned into a colorful carpet with more than 200 species in the phenomenon called “desert bloom,” when atypical rains awaken seeds that had remained dormant in the soil for many years.

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