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Joby Aviation Has a Bold Plan to Make Flying Cars Real—Fast

Flying cars were supposed to be a fantasy. A punchline. A cartoonish promise from a Jetsons-era past. But Joby Aviation is no longer promising anything. It’s building them. The Santa Cruz, California-based company just unveiled the expansion of its manufacturing facility in Marina, CA, where it now has the capacity to build up to 24 electric air taxis per year. That’s two flying cars a month. With additional capacity ramping up in Dayton, Ohio, and test flights already underway in Dubai, the fu

Joby Aviation stock pops 12% after company delivers first flying taxi to UAE

An electric air taxi by Joby Aviation sits at the Downtown Manhattan Heliport in New York City, Nov. 12, 2023. Joby Aviation stock soared about 12% as the flying air taxi maker got closer to launching a service in the United Arab Emirates. The electric vertical takeoff and landing, or eVTOL, company said Monday that it delivered its first aircraft to the UAE and has completed piloted flight tests as it readies for a 2026 launch in the region. "Our flights and operational footprint in Dubai ar

Topics: air dubai joby taxi uae

Joby Aviation stock pops 12% after delivering first flying taxi to UAE

An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. Joby Aviation stock soared about 12% as the flying air taxi maker got closer to launching a service in the United Arab Emirates. The electric vertical takeoff and landing, or eVTOL, company said Monday that it delivered its first aircraft to the UAE and has completed piloted flight tests as it readies for a 2026 launch in the region. "Our flights and operation

Joby Aviation stock pops 14% after delivering first flying taxi to UAE

An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. Joby Aviation stock soared about 14% as the flying air taxi maker got closer to launching a service in the United Arab Emirates. The electric vertical takeoff and landing, or eVTOL, company said Monday that it delivered its first aircraft to the UAE and has completed piloted flight tests as it readies for a 2026 launch in the region. "Our flights and operation