JOURNAL ARTICLE

Toyota Gears Up for Bigger Role at Air Taxi Maker Joby.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Dawson, Chester 3 of 3

Abstract

The article focuses on Toyota Motor Corp.'s investment and involvement with Joby Aviation Inc., an air taxi manufacturer. Toyota, which became Joby's largest shareholder last year, is actively working to enhance Joby's production processes through its Toyota Production System (TPS) and has deployed nearly 200 employees to assist with critical parts and assembly. Joby, based in Santa Cruz, California, is developing electric vertical takeoff and landing (eVTOL) aircraft and aims to increase its production from one aircraft per month to four by 2027, pending regulatory certification for commercial operations. Despite recent challenges, including a decline in stock value and delays in service timelines, Joby is preparing for a significant ramp-up in production and is exploring a strategic manufacturing alliance with Toyota. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:Economics
  • Publication Date:2026
  • Accession Number:191579746
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