Joby Aviation and Toyota Motor Corporation have launched the initial phase of a strategic manufacturing alliance by establishing a joint venture aimed at scaling air mobility.
The strategic alliance will initially focus on establishing the groundwork for commercial production and advancing manufacturing excellence, with a particular emphasis on improving productivity, quality, and cost. Going forward, the partnership will support the expansion of Joby’s production capacity to facilitate aircraft certification and meet the anticipated growth in demand for its electric vertical take-off and landing (eVTOL) aircraft. The initiative combines Joby’s pioneering work in electric aviation with Toyota’s globally recognized expertise in production systems and operational excellence.
The collaboration builds upon a long-standing relationship between the two companies, which has developed over nearly a decade.
“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,” said JoeBen Bevirt, founder and CEO of Joby Aviation. “Today’s announcement reflects the strength of our relationship and our shared confidence in the opportunity ahead. Together, we share a vision of making aerial mobility an everyday reality, and we look forward to delivering on that promise together.”
For Toyota, the joint venture represents an evolution of its core corporate philosophy to provide transportation solutions across multiple domains.
Akio Toyoda, Chairman of Toyota Motor Corporation, commented, “Since our founding, we’ve been guided by the philosophy of providing mobility for all. Over time, we’ve continued to expand what mobility can mean. We see air mobility as a natural extension of that philosophy—from the ground into the sky—and as a way to bring new value to people’s lives and to society. It’s really meaningful for us to take on this challenge together with Joby, a partner that shares the same vision. We believe this strengthened relationship is an important step forward in realizing the future mobility society.”
Moving forward, both companies plan to continue working closely through the joint venture, leveraging their respective organizational strengths to introduce air mobility to society on a broader scale.
