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

Aero-News Flying Magazine evaint.com India Defense News autoevolution.com eVTOL Insights
Sources Tracked
13
First Seen
2026-06-30T05:13:37.528317-07:00
Latest Update
2026-06-30T21:18:43.962565-07:00
Coverage
Aviation

Sources

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