Joby and Toyota Launch Joint Venture to Scale eVTOL Production
JOBY•Joby Aviation and Toyota Motor Corporation have established a joint venture to lay groundwork for commercial eVTOL aircraft production, focusing on improving productivity, quality and cost efficiency. The alliance will support scaling Joby’s electric air taxi manufacturing capacity to meet certification requirements and anticipated market demand.
1. Joint Venture Launch
Joby Aviation and Toyota Motor Corporation have formed a joint venture to initiate a strategic manufacturing alliance, combining Joby’s electric aviation innovation with Toyota’s world-class production system expertise.
2. Manufacturing Focus
The partnership will concentrate on establishing commercial production capabilities, targeting enhancements in productivity, quality control and cost efficiency across eVTOL aircraft manufacturing processes.
3. Production Scale-Up Plans
Through the joint venture, both companies will drive expansion of manufacturing capacity to support aircraft certification milestones and address projected demand for electric air taxi services.
4. Leadership Perspectives
Joby’s CEO underscored a decade-long collaboration with Toyota and a shared commitment to making air mobility a daily reality, while Toyota’s chairman described air mobility as the next step in advancing sustainable transportation.
