Joby Aviation Shares Skyrocket 20% Following $250 Million Toyota Investment
1 week ago / Read about 0 minute
Author:小编   

On Wednesday morning EST, electric air taxi manufacturer Joby Aviation announced a significant milestone with a $250 million investment from Toyota Motor Corporation, propelling its share price upwards by an impressive 20%. This injection of capital marks the initial phase of a broader $500 million investment plan unveiled by Toyota in October 2022, designed to bolster the certification and commercialization of Joby's innovative electric air taxis. Together, Toyota and Joby are pioneering a new era of mobility solutions.