Morningstar

Joby Aviation, Toyota Launch Initial Phase of Manufacturing Alliance

Provided by Dow Jones Jun 30, 2026, 2:04:00 PM

By Chris Wack

Joby Aviation said it is working with Toyota Motor to establish a joint venture to promote air mobility.

The companies said the partnership, in its initial phase, will combine Joby's work in electric aviation with Toyota's expertise in production systems and operational excellence.

The strategic alliance will initially focus on establishing the groundwork for commercial production, with particular emphasis on further improving productivity, quality, and cost. Following this phase, it will also support the expansion of Joby's production capacity to support aircraft certification and meet anticipated growth in demand for its electric vertical take-off and landing aircraft.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

June 30, 2026 10:04 ET (14:04 GMT)

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