Joby Aviation plans to double its U.S. manufacturing capacity to produce four electric air taxis per month by 2027, supported by investments in facilities in California and Ohio, and a strategic alliance with Toyota, amid growing support for advanced air mobility and upcoming FAA certification milestones.
The Trump administration has launched a three-year pilot program through the FAA to fast-track the development and testing of electric vertical takeoff and landing aircraft (eVTOL), aiming to establish U.S. leadership in airspace technology, with participation from companies like Joby Aviation and Archer Aviation.
Joby Aviation is acquiring Blade Air Mobility in a deal valued up to $125 million, expanding its urban air mobility infrastructure and passenger base, with Blade continuing operations as a subsidiary and the deal expected to close soon.
Joby Aviation is acquiring Blade Air Mobility's helicopter ride-share business for up to $125 million, gaining access to a network of terminals and operations in the US and Europe, with plans to transition to electric air taxis in the future.
Joby Aviation, a California-based company backed by Toyota, aims to launch commercial electric air taxi service in 2025. The founder, JoeBen Bevirt, believes that electric vertical takeoff and landing (eVTOL) aircraft can provide a safer, quieter, and more economically viable mode of transportation. Joby Aviation is focused on improving battery technology and reducing costs to make air taxis accessible for daily use. The company is currently working on pilot training, building infrastructure, and operational processes. Despite financial losses, Joby Aviation remains confident in achieving its goal of commercial service by 2025.