Toyota To Invest USD 500Mn In Joby Aviation
Toyota Motor Corporation (Toyota; NYSE:TM ) and Joby Aviation, Inc. (Joby; NYSE:JOBY), a company developing electric air taxis for commercial passenger transport, recently announced that Toyota has invested an additional $500 million to support the certification and commercial production of Joby’s electric air taxis, in an effort to realize the companies’ shared vision for air mobility. According to […]
Saudia Group signs a purchase agreement with Lilium for100 eVTOL Jets
Saudia Group and Lilium N.V., a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), recently signed a binding sales agreement for 50 Lilium Jets, with options for the purchase of 50 more. The signature ceremony was held at Lilium’s HQ in Munich. The contract was signed by Fahd Al-Jarbou, CEO of Saudia […]
