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Toyota puts another $500 million into an air taxi startup Joby

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Summary
Nutrition label

80% Informative

Toyota is investing another $500 million in California startup Joby Aviation .

The investment will come in the form of two $250 million tranches, the first of which will be completed this year and the second in 2025 .

The automaker has now invested a total of $894 million since 2018 .

Joby 's all-electric aircraft can reach a top speed of 200mph , travel 150 miles on a single battery charge, and is 100 times quieter than a conventional aircraft.

VR Score

80

Informative language

77

Neutral language

77

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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