efe-epaTokyo

Japanese automaker Toyota Motor on Thursday announced a $394 million investment in American startup Joby Aviation, which is engaged in developing electric vertical takeoff and landing (eVTOL) aircraft with potential for urban use.

Toyota will also share expertise with Joby Aviation in manufacturing, quality and cost controls for the development and production of its eVTOL aircraft, the Japanese company said in a statement. EFE-EPA