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Toyota eyes flying car tech with Joby investment, partnership


Toyota's coined phrase "Let's go places" takes on new meaning.

Increasingly, automakers are looking to the sky. We saw Hyundai go big at CES 2020 with flying car tech, and now, Toyota has made its own splash.

On Wednesday, the Japanese automaker said it's forged a partnership with Joby Aviation. The startup company has worked on its electric vertical take-off and landing machine (eVTOL) vehicle for commercial use and Toyota plans to provide its expertise in the process.

All of this comes to the tune of a $394 million investment from Toyota into the startup company. And ...


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