Joby is anticipated to make use of the funds to support the certification and industrial manufacture of its eVTOL air taxi.

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The financial commitment will deliver Toyota Motor Corporation’s complete expenditure in Joby to $894 million and can be built in the form of money for prevalent inventory, with the primary tranche qualified to shut later on this yr and the second in 2025.

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An additional particular person alleges that a car caught fireplace of their driveway whilst charging having a JuiceBox. 4 other issues explain electrical malfunctions tripping circuit breakers and disrupting electric automobile demand cycles.

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