Joby Aims to Double Production Capacity: What's the Path Ahead?

Joby Aviation (JOBY) , a leading player in the electric vertical takeoff and landing (eVTOL) space, announced plans to expand operations. To this end, the transportation company announced the expansion of its site in Marina, CA, which will double its aircraft production capacity at that location.The expanded site will span 435,500 square feet, helping the company to scale up its commercial operations. Once operational, Joby expects the Marina site to be able to produce up to 24 aircraft per year as it races ...