1. Home
  2. / Automotivo
  3. / Toyota to invest R$2,7 billion to accelerate production of electric air taxi in the US
reading time 3 min read Comments 0 comments

Toyota to invest R$2,7 billion to accelerate production of electric air taxi in the US

Written by Rafaela Fabris
Published 02/10/2024 às 21:33
Toyota to invest R$2,7 billion to accelerate production of electric air taxi in the US
Toyota invests in electric air taxis in the US (Image: Reproduction)

Japanese automaker strengthens alliance with Joby Aviation with the aim of revolutionizing urban air transport

Toyota isn't just stepping on the innovation accelerator; it's taking off towards 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 seeks to transform the concept of urban mobility with the electric air taxiThis is in addition to the $394 million already injected previously, signaling a heavy commitment to commercial production and certification of these futuristic aircraft.

Electric vertical take-off and landing (eVTOL) vehicles, such as those from Joby Aviation, are being touted as the next big step for urban mobility, promising transport passengers through the skies of big cities and avoid traffic chaos on the highways.

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

Toyota North America CEO makes statement

“Sustainable flight will be critical to alleviating today’s mobility challenges,” said Ted Ogawa, CEO of Toyota North America, reinforcing the automaker's commitment to contributing to the aviation revolution.

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

New expanded facility in California

A Joby Aviation recently opened a new, expanded facility in California, proof that the company is progressing towards commercialization and certification of their aerial vehicles.

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

In addition to Toyota, other auto giants are getting into the game. In July, Chrysler parent Stellantis announced a new $55 million investment in Archer Aviation, another electric air taxi, while Delta Air Lines invested $60 million in Joby in 2022, targeting air transportation services between airports in New York and Los Angeles.

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

Register
Notify
guest
0 Comments
Older
Last Most voted
Feedbacks
View all comments
Tags
Rafaela Fabris

Talks about innovation, renewable energy, oil and gas. Updates daily on opportunities in the Brazilian job market.

Share across apps
0
We would love your opinion on this subject, comment!x
()
x