New York City’s East 34th Street Heliport in midtown Manhattan is going electric. The news was revealed when the operator of the heliport, Atlantic Aviation, a fixed-base operator with over 100 locations, and the New York City Economic Development Corporation announced a renewal of the heliport’s five-year lease. The Big Apple will serve as a… Read more »
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Toyota invests $500 million in electric air taxi company Joby
Toyota Motor will invest an additional $500 million in Joby Aviation, a producer of electric vertical landing and takeoff (eVTOL) aircraft. The investment is intended to support certification and commercial production of Joby’s new electric air taxis, which the two companies view as “the future of air travel.” Toyota views the investment as a continuation… Read more »
Toyota to supply EV powertrain and actuation components to Joby Aviation
Electric aircraft developer Joby Aviation (NYSE: JOBY) has signed a long-term agreement with Toyota to supply key powertrain and actuation components for the production of Joby’s aircraft. Toyota is Joby’s largest external shareholder, having invested around $400 million in the company, and the automaker has collaborated on a variety of projects to support the production… Read more »
eVTOL developer Joby Aviation expands partnership with Department of Defense
Joby Aviation (NYSE:JOBY), a California-based company developing electric vertical take-off and landing (eVTOL) aircraft, has announced an expansion of its existing contract with the US Air Force’s Agility Prime program that increases the total potential value of the contract to more than $75 million. The expanded contract will include new testing to evaluate Joby’s technologies,… Read more »
Joby Aviation teams with NASA to measure noise footprint of electric air taxi
Joby Aviation (NYSE: JOBY) is developing an all-electric vertical takeoff and landing aircraft, which it intends to operate as part of an air taxi service beginning in 2024. The aircraft can transport a pilot and four passengers at speeds of up to 200 mph, and has a maximum range of 150 miles. Joby recently conducted… Read more »
Joby Aero completes 150-mile flight with electric VTOL air taxi
California-based Joby Aero has achieved an important milestone in the development of its electric air taxi, flying a full-size prototype vehicle more than 150 miles on a single charge, including a vertical take-off and landing. The flight was completed at Joby’s Electric Flight Base in Big Sur, California. The aircraft, piloted from the ground by… Read more »
Are eVTOL companies starting a charging standards war?
Joby Aviation, a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, has announced a collaboration with Atlantic Aviation, a provider of aircraft ground handling and corporate flight support, to electrify aviation infrastructure in New York and Southern California, paving the way for the launch of Joby’s air taxi service. The… Read more »
Does Toyota’s BEV Factory really represent a new direction?
Toyota has a credibility problem when it comes to e-mobility. The giant automaker’s corporate right hand pursues a number of EV initiatives around the world, while its left hand continues to spread misinformation and lobby against pro-EV policies. Many are hopeful that the recent changes in the company’s executive suite portend a new, more electric… Read more »
Electric bus maker Proterra raises $40 million in additional funding
Electric bus manufacturer Proterra has raised more than $30 million in additional funding, and expects to close on another $10 million within the coming weeks. Kleiner Perkins and GM Ventures led the financing, with another ten or so venture capital firms participating. Proterra electric vehicles have logged over 400,000 zero-emission miles in 11 US cities…. Read more »