en.Wedoany.com Reported - Joby Aviation Inc. (Santa Cruz, California, USA) and Toyota Motor Corp. (Toyota City, Japan) have announced the formation of a joint venture, initiating the initial phase of their strategic manufacturing alliance. This joint venture will combine Joby's work in electric aviation with Toyota's expertise in production systems and operational excellence.

The strategic alliance will first focus on laying the foundation for commercial production and advancing manufacturing excellence, with a particular emphasis on further improving productivity, quality, and cost. In the future, it will also support Joby in scaling production capacity to support aircraft certification and meet the growing demand for its electric vertical takeoff and landing (eVTOL) aircraft.

JoeBen Bevirt, founder and CEO of Joby Aviation, stated that Toyota has been alongside Joby for nearly a decade, providing invaluable guidance and support in building the foundation for aircraft manufacturing. This announcement reflects the strength of the relationship and shared confidence in future opportunities.

Akio Toyoda, Chairman of Toyota Motor Corporation, said that since its founding, Toyota has adhered to the philosophy of "providing mobility for all," continuously expanding the meaning of mobility over time, and believes that air mobility is a natural extension of this philosophy.

Going forward, the two companies will continue to work closely through this joint venture, leveraging their respective strengths to bring air mobility more broadly to society.