- Major automakers and airlines are heavily investing in eVTOL companies like Archer Aviation and Joby Aviation.
- Toyota has a pending investment in Archer Aviation, an eVTOL leader, while Joby Aviation also operates in the growing urban air travel market.
Amid Fed signals of unlikely rate cuts and the impact of the Iran war on energy prices, a joint venture was formed to advance manufacturing capacity for eVTOL companies.
1 report, 1 independent
Updated Jul 7
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What happened
Amid Fed signals of unlikely rate cuts and the impact of the Iran war on energy prices, a joint venture was formed to advance manufacturing capacity for eVTOL companies.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Archer Aviation
American electric aircraft manufacturer
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Joby Aviation
American aerospace company
Nothing else this week.
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Toyota
Japanese multinational automotive manufacturer