Toyota is further strengthening its relationship with Joby Aviation which is developing electric air taxis with a new investment of $500 million. The funding is intended to help the company manufacture commercial eVTOL aircraft and obtain the necessary aviation certification to enable Joby to launch its air taxi service in 2025.
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Germany’s Volocopter had ambitious plans to introduce its air taxi service during the 2024 Paris Olympics. However, the much-anticipated debut didn’t go as planned. Despite meticulous preparations and high expectations, several unforeseen challenges delayed the project’s full rollout. The company had envisaged a series of vertiports throughout Paris, with a particularly striking stop planned on the River Seine.