Source | Joby Aviation Inc.
Joby Aviation Inc. (Santa Cruz, Calif., U.S.) and Toyota Motor Corp. (Toyota, Japan) announce the initial phase of their strategic manufacturing alliance through the establishment of a joint venture (JV) that combines Joby’s work in electric aviation with Toyota’s recognized expertise in production systems and operational excellence.
The strategic alliance will initially focus on establishing the groundwork for commercial production, and advancing manufacturing excellence, with particular emphasis on further improving productivity, quality and cost. Going forward, it will also support the expansion of Joby’s production capacity to support aircraft certification and meet anticipated growth in demand for its electric vertical takeoff and landing (eVTOL) aircraft.
“Toyota has been by Joby’s side for nearly a decade, providing invaluable guidance and support as we built the foundation for manufacturing our aircraft,” notes JoeBen Bevirt, founder and CEO of Joby Aviation. “This announcement reflects the strength of our relationship and our shared confidence in the opportunity ahead.”
Since its founding, Toyota has been guided by the philosophy of providing mobility for all. “Over time, we’ve continued to expand what mobility can mean,” says Akio Toyoda, chairman of Toyota Motor Corp. “We see air mobility as a natural extension of that philosophy.
Going forward, both companies will continue to work closely together through this JV, leveraging their respective strengths to bring air mobility to society on a broader scale.