Toyota is doubling down on Joby Aviation with a $ 500 million investment into the California-based company that’s developing electric air taxis. Toyota’s total investment in Joby, which includes a $ 394 million capital injection back in 2020, is now $ 894 million. The funds will be used to help Joby complete the lengthy Type […]
Uber snags another robotaxi deal, aviation startups land VC bucks, and where Rivian Foundation money is going
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! I’ve been thinking a bit about time — and specifically what trends, music, cultural practices, and even ways we move around that encapsulate a season or particular […]
Oxylus Energy strikes “beautiful balance” to make e-fuels for aviation and shipping
Many airlines and shipping companies say they’ll hit net zero carbon emissions by 2050, but right now they have no clear path toward hitting that target. From a scientific perspective, ridding those industries of fossil fuels is possible; economically, it’s not. Or at least not yet, claims a young startup. Oxylus Energy thinks it has […]