Auto giant joins aviation specialist to develop urban air mobility solutions

Toyota has announced a partnership with aerospace company Joby Aviation to begin development and production of electric vertical take-off and landing (eVTOL) aircraft – better known as flying cars.

The Japanese car-maker has announced a lead investment of $US394 million to help fund the $US590m project, making it the latest automotive company to signal its intent in the emerging urban air transportation arena.
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