Toyota Invests $500M in Joby Aviation
This is a California news story, published by Verge, that relates primarily to Joby news.
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Joby AviationVerge
•Toyota puts another $500 million into an air taxi startup Joby
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
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Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
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Time-value
short-lived
External references
2
Source diversity
2
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