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Toyota, Joby Aviation test first air taxi in Japan

California-based electric taxi startup Joby Aviation has conducted its first air taxi test in Japan.

The trial was a collaboration with Toyota Motor focused on the electric vertical take-off and landing (eVTOL) sector.

As of October 2024, Toyota Motor has pledged an additional investment of US$500 million into Joby Aviation’s eVTOL project.

This investment is a part of Toyota’s strategy to achieve carbon neutrality by 2050.

Recent Toyota developments

Timeline
04-Oct-2024 🚗 Toyota, Subaru to co-develop EVs for Japan, US, EU by 2026
  • Toyota and Subaru to launch EV by 2026
  • Production starts at Subaru’s Yajima plant in Jan 2026
03-Oct-2024 🚖 Toyota to invest $500m in US electric taxi startup
  • Toyota invests $500M in Joby Aviation
  • Total investment reaches $894M by 2025
12-Apr-2024 🚗 Toyota Ventures bookmarks $300m for global startup investments
  • Toyota Ventures allocates $300M for startups.
  • Funds target AI, climate tech, and sustainability.
27-Aug-2019 🤖 Toyota, Pony.ai team up to build driverless fleet in China
  • Pony.ai and Toyota partner for mobility research
  • Goal: Safe next-gen autonomous driving services
25-Jul-2019 🚗 Toyota to pour $600m in Didi, new mobility services JV
  • Toyota invests $600M in Didi Chuxing
  • Joint venture to enhance mobility services in China

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