Joby Aviation has signed a "long-term agreement" with Toyota for the Japanese car producer and Joby shareholder to supply "key powertrain and actuation components" for its electric aircraft.
“Our partnership with Toyota continues to be an integral part of Joby’s success, from assisting in the design of our pilot production line in Marina, California, to supplying key components for our aircraft," said JoeBen Bevirt, the founder and chief executive of Joby, which has received around $400 million in Toyota investments since the companies formed a partnership.
The components, designed by Joby and made by Toyota, are to be sent delivered to Joby’s manufacturing facility in San Carlos, California, before the finished assemblies get shipped to the company’s pilot production line in Marina for integration..
“We are very pleased to have reached this milestone with our key partner. Our mutual goal is mass production of eVTOL and helping Joby apply the best practices of the Toyota Production System in meeting high quality, reliability, safety, and strict cost standards," said Toyota Motor Corporation Connected Company President Keiji Yamamoto.