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Joby Aims to Double US Output as Air-Taxi Push Gains ...
Joby aims to meet growing demand for urban air mobility with planned monthly output of four electric vertical takeoff and landing aircraft by 2027, doubling prior targets.
- This past week, Joby Aviation announced plans to double U.S. manufacturing capacity to support production of four aircraft per month in 2027, expanding output from its Marina, Calif. and Dayton, Ohio facilities.
- With Toyota as its largest shareholder, Joby leaders say the decision follows earlier output plans five months earlier and cites over $1 billion potential sales as reasons to scale production.
- Scaling Dayton to higher-volume production, Joby will build parts and composite aircraft, launching propeller blade production this fall near Dayton International Airport and highlighting local talent in a November plant tour.
- With regulators stepping up integration efforts, a Presidential Executive Order directed the U.S. Department of Transportation and the FAA to enable limited eVTOL operations next year while Joby aims for Dubai service by early 2026.
- Recent financial swings frame Joby Aviation’s push after reporting Q3 revenue $22.57 million and a nearly 28% stock drop since early October, while advancing partnerships with Nvidia Corp. and Saudi MoU partners.
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Joby Aviation To Double US Manufacturing Capacity By 2027 Amid Air Taxi Push - Boeing (NYSE:BA), Joby Aviation (NYSE:JOBY)
Joby Aviation Inc. (NYSE:JOBY) unveiled plans on Wednesday to double its manufacturing capacity in the United States, in a move that will support the production of four aircraft per month over the next two years. The move comes as regulators and industry stakeholders are stepping up efforts to integrate electric vertical takeoff and landing aircraft into mainstream transportation as a way to ease urban congestion. Joby Boosts Output Plans As Boe…
·New York, United States
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Coverage Details
Total News Sources16
Leaning Left3Leaning Right1Center6Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 30%
C 60%
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