Core Insights - Joby Aviation plans to double its manufacturing capacity in the U.S., targeting an output of four electric air taxis per month by 2027 [2][3] - The company has disclosed over $1 billion in potential aircraft and service sales, indicating strong commercial interest and regulatory support for advanced air mobility [3] - Joby is collaborating with Toyota to enhance manufacturing capabilities, having closed a $250 million tranche of strategic investment from the automotive giant [6] Manufacturing Expansion - Joby has begun procuring capital equipment to increase production from two to four aircraft per month and is hiring for round-the-clock operations at its California facility [4] - The company has completed an expanded manufacturing site in Marina, California, and initiated propeller blade production in Ohio [4] Regulatory Progress - Joby has commenced power-on testing of its first FAA-conforming aircraft, which is part of the final phase of the FAA's type certification process [5] - All remaining FAA-conforming aircraft required for Type Inspection Authorization (TIA) testing are currently in production [5] Strategic Partnerships - The partnership with Toyota is central to Joby's ability to scale manufacturing, leveraging Toyota's knowledge and expertise as the company enters a new growth stage [6]
Joby Aviation to double US air taxi production capacity by 2027