Advanced Air Mobility (eVTOL / Urban Air Mobility)   Executive Appointments & Leadership Moves   Mergers and Acquisitions   Aircraft Orders and Deliveries   Aircraft Manufacturing (OEMs)   Sustainability & Climate Initiatives   Archer Aviation  

Joby and Toyota set up an eVTOL manufacturing joint venture, with Toyota as majority owner and a target of ~500 air taxis per ye

Joby Aviation and Toyota Motor Corporation have launched the initial phase of their strategic manufacturing alliance by establishing a joint venture to realize air mobility. Toyota will be the majority owner of the production company, and the partners aim for production of about 500 air taxis annually.

Discovered 2026-06-30T05:13:37.528317-07:00 | 2026-06-30T05:13:37.528317-07:00

Briefing

What Hype is tracking

  • The deal formalizes an industrial scale-up path for eVTOL production through a dedicated joint venture, with Toyota as the majority owner and a stated output goal of ~500 air taxis annually.
  • For the eVTOL supply chain, Toyota’s manufacturing participation signals how established automotive capabilities may translate into vertical takeoff aircraft production planning and ramp assumptions.
  • The alliance structure is a concrete indicator of how major OEMs are positioning to compete in urban air mobility manufacturing, not just airframe development.

Reported By

interestingengineering.com rotorhub.com futuretravelexperience.com zagdaily.com Aviation Week AviationPros
Sources Tracked
28
First Seen
2026-06-30T05:13:37.528317-07:00
Latest Update
2026-07-05T05:14:06.301961-07:00
Coverage
Aviation

Sources

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