Toyota

$230M Venture Capital Fund Targets Electric Air Mobility

Transportation industry leaders have launched a $230 million venture capital fund aimed at investing in cleaner, faster, safer, and lower-cost alternative air transportation solutions to move people as well as goods. The group, UP.Partners, announced the move Monday, saying it has gathered funds from investors including Cathie Wood, Woven Capital, and Alaska Air Group, which […]

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Joby Aviation Gets Infusion from Toyota for eVTOL

Joby Aviation has earned its latest financial infusion from Toyota Motor Corporation in the development of its all-electric VTOL aircraft. Toyota plans to “share expertise in manufacturing, quality and cost controls” during the development of the “quiet” eVTOL aircraft, according to a company press release. Toyota has invested $394 million as a lead investor in […]

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Pilot in aircraft
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