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Toyota To Invest $500 Million in Joby Aviation
October 03, 2024
PLANO, Texas, Oct. 3 -- Toyota Motor Sales USA issued the following news:

* * *

* Investment to be made in two equal tranches, with the first targeted to close later this year and the second in 2025

* Funds will support certification and commercial production of Joby's electric air taxi

* Investment terms to include plans to establish a manufacturing alliance for the first phase of commercialization

* Will bring total investment fr . . .

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