Joby Aviation Forms Joint Venture with Toyota to Manufacture Electric Air Taxis
JOBY•Joby Aviation has established a joint venture with Toyota Motor to manufacture electric vertical takeoff and landing air taxis, leveraging Toyota’s mass-production expertise. The partnership will focus on scaling assembly lines and manufacturing processes for Joby’s eVTOL aircraft ahead of commercial deployment.
1. Joint Venture Details
Joby Aviation and Toyota Motor have formed a joint venture to co-develop and manufacture electric vertical takeoff and landing air taxis. The venture combines Joby’s eVTOL aircraft design and certification progress with Toyota’s world-class manufacturing processes and supply-chain network.
2. Manufacturing and Commercial Strategy
The joint venture will establish dedicated assembly lines and standardized production processes to scale air taxi manufacturing, aiming to reduce unit costs and improve throughput. This manufacturing partnership is a critical step toward Joby’s planned commercial operations in urban air mobility markets.
