Toyota Took 51% of Building Joby’s Air Taxi, Not of Flying It
Toyota and Joby formed a joint venture on June 30, 2026 that hands Toyota 51% and exclusive rights to build the S4 air taxi. The real bet is manufacturing.
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Toyota and Joby formed a joint venture on June 30, 2026 that hands Toyota 51% and exclusive rights to build the S4 air taxi. The real bet is manufacturing.
Read moreAt the CES 2025 press conference, Toyota unveiled a series of ambitious projects and initiatives, showcasing its transformation from a traditional automaker to a comprehensive mobility company. The presentation, led by Chairman Akio Toyoda, highlighted advancements in autonomous technology, urban development, and even space exploration. While specific details were limited, Toyoda said while he initially found autonomous driving, boring, the technology behind autonomous drifting instilled new excitement in his interests. The presentation went on to show a video of two cars drifting together. This suggests a focus on developing vehicles capable of handling extreme driving conditions without human intervention. The company also alluded to ongoing research into flying cars as part of their CES announcements, although no concrete timelines or
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