In this latest edition of the rankings, Lexus and Toyota ranked first and second, respectively, as Consumer Reports' most reliable car brands. But should we trust them in early detection of companies with new technologies? their history with TSLA could be a good example!
A 7-Year Collaboration with Joby:
Toyota has invested nearly $900 million in Joby, an electric vertical takeoff and landing (eVTOL) company that develops air taxis: Investment: Toyota's latest $500 million investment will support Joby's certification and commercial production of its air taxis. The investment will be made in two tranches, with the first closing later this year and the second in 2025. Collaboration: Toyota and Joby have been collaborating for nearly seven years. Toyota engineers work with Joby's team in California, and Toyota supplies powertrain and actuation components for Joby's aircraft.
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