Joby Aviation and Toyota Launch Air Taxi Joint Venture

Aviation Joby Aviation and Toyota Form Joint Venture for Air Taxis

2026-08-03 Source: Press release Stefanie Eckardt | Translated by AI 1 min Reading Time

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Joby Toyota Aero Manufacturing Preparation—that will be the name of the joint venture that Joby and Toyota plan to establish. Through this California-based joint venture, the startup and the automaker will lay the groundwork for the mass production of air taxis.

Joby Aviation and Toyota have entered the first phase of their strategic production alliance. As part of this alliance, a joint venture will also be established.(Source: Toyota) — Joby Aviation and Toyota have entered the first phase of their strategic production alliance. As part of this alliance, a joint venture will also be established.
(Source: Toyota)

The strategic alliance between the two companies will initially focus on laying the groundwork for mass production and driving manufacturing excellence, with a particular emphasis on further improving productivity, quality, and cost efficiency. In the future, it will also support the expansion of Joby’s production capacity to advance aircraft certification and meet the expected rise in demand for electric vertical takeoff and landing (eVTOL) aircraft.

From the Street to the Sky

“Since our founding, we have been guided by the philosophy of making mobility accessible to everyone. Over time, we have continually expanded the concept of mobility. We view air mobility as a natural extension of this philosophy—from the ground to the sky—and as an opportunity to create new value for people’s lives and for society,” explained Akio Toyoda, Chairman of the Board of Toyota Motor Corporation, adding: “It is of great importance to us to tackle this challenge together with Joby, a partner that shares the same vision. We are convinced that this strengthened partnership is an important step toward realising the mobility society of the future.”

The future joint venture, in which Toyota will hold a 51 percent stake and Joby a 49 percent stake, will be headquartered in California and led by Yosuke Tsuruta.

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