Joby Aviation is working to develop electric-powered aircraft that will take off and land like a helicopter but fly like a small plane. Battery technology is helping Joby and other startups that are developing eVTOLs – short for electric vertical takeoff and landing. The company's biggest shareholder is Toyota, and it has a partnership with Delta Air Lines. Founder and CEO JoeBen Bevirt says the company is the realization of a longtime dream of his to make a better way for people to get from one
The notion that hundreds or even thousands of electric-powered air taxis could be whisking people over jammed roads is inching away from science fiction and closer to reality.
Like other eVTOL startups, Joby is losing money — more than $400 million in 2021-2022. Analysts don’t know when, if ever, it will be profitable.All assembly lines at Toyota’s auto plants in Japan have been shut down by computer problemsQ. Why eVTOLs? We’ve already got helicopters. A. This is something we’ve worked on and has been a passion of mine since the very founding of the company — making an aircraft which is quiet enough to fit in the places where people want to go, something that sounds more like a whoosh that blends in the background than the whop-whop of a helicopter or the high-pitched whine that people associate with a drone or a small airplane. At 1,000 feet it is less than 45 decibels, so it’s below the background noise level of most cities.A.
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