Home Tag "Air transport"

Toyota to Invest $400 Million in Flying Electric Car Company

Joby Aviation is developing a four-passenger electric aircraft that takes off and lands vertically, like a helicopter, but has multiple rotors. Japanese car giant Toyota said it is investing nearly $400 million in a company working on commercialising electric flying cars for “fast, quiet and affordable air transportation services”. The investment in Joby Aviation comes […]

Tesla’s value drops $50 billion as Musk’s promised cheaper battery 3 years away

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