Automakers

Toyota makes a new $394 million bet on flying taxis

joby.jpg
(JOBY via PRNEWSWIRE)
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By:
BRAD STONE
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By:
Bloomberg
|
January 16, 2020 06:38 PM

Toyota is making a $394 million investment in Joby Aviation, one of the handful of companies with the seemingly implausible goal of making electric air taxis that shuttle people over gridlocked highways and city streets.

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