Joby Aviation, Inc., a pioneer in flying car technology, revealed the successful debut of its electric vertical takeoff and landing (eVTOL) air taxi prototype in Japan. Founded in 2009, Joby has made significant strides in the development of its eVTOL aircraft. Toyota, an early investor since 2018, recently increased its investment by $500 million to aid in obtaining certification and commencing commercial production of Joby's aircraft.
The test flight took place at Toyota's East Fuji Research Institute, where the prototype was showcased with Mount Fuji as a backdrop. Notable attendees included Toyota's Chairman Akio Toyoda and representatives from Japan's Civil Aviation Bureau. The prototype demonstrated its capabilities by reaching speeds of up to 200 miles per hour, accommodating a pilot and four passengers.
This event marked a celebration of the partnership between Toyota and Joby, which has spanned nearly seven years. Akio Toyoda highlighted the potential of eVTOL to drastically reduce travel time, exemplified by the 25-minute flight duration compared to hours by car. Toyota's total investment in Joby nears $900 million, underscoring the strategic importance of this collaboration in revolutionizing air transportation.
As the 2023 Osaka Kansai Expo approaches, eVTOL technology is anticipated to be a key attraction. However, due to the challenges in securing commercial flight approvals, companies including Joby will limit their demonstrations to flights around the expo venue.
