May 29, 2025

TOYOTA BUYS MORE OF AIR TAXI COMPANY JOBY AVIATION (JOBY)

By Nigam Arora

Joby Aviation (JOBY) is long from $5.06.  It is trading at $8.77 as of this writing.  This represents a gain of 73%.

Electric Vertical Takeoff And Landing

Joby Aviation is using electric vertical takeoff and landing (eVTOL).  eVTOL aircraft are similar to a helicopter, but are fully electric, quieter, and safer due to multiple tilting rotors.  eVTOL aircraft are designed for shorter flights and may be useful as air taxis, for cargo delivery, and in emergency response.

Joby Aviation’s flagship aircraft is designed to carry four passengers and fly 100 miles on a single charge.

Joby Aviation is using eVTOL to develop air taxis and aircraft for the U.S.… Please click here or the title below to read more.

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