Joby receives FAA nod to begin flight testing of electric air taxi

Published on 28 Jun 2023 on Reuters via Yahoo Finance

Joby receives FAA nod to begin flight testing of electric air taxi

(Reuters) -Joby Aviation said on Wednesday the U.S. aviation regulator has given the nod for flight testing of its electric air taxi, taking it a step closer to securing approvals for commercial operations.

The California-based company also said Toyota North America's CEO, Tetsuo Ogawa, will join its board on Saturday. Toyota is Joby's largest external shareholder, having invested around $400 million in the company.

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