In the closing of the recent trading day, Toyota Motor Corporation (TM) stood at $171.20, denoting a -0.17% change from the preceding trading day.
Toyota Motor Corp.'s research unit and Hyundai Motor Co.'s Boston Dynamics are joining forces to speed up development of humanoid robots with artificial intelligence.
Key Points: Joby Aviation, with $1B from Toyota, is developing quick urban air transit.
Recently, Zacks.com users have been paying close attention to Toyota Motor (TM). This makes it worthwhile to examine what the stock has in store.
Joby Aviation's JOBY technology has been again validated. The latest news is a follow-on investment from Toyota Motor TM, one of the company's earliest investors and a long-time proponent of personal air capability.
The latest trading day saw Toyota Motor Corporation (TM) settling at $177.32, representing a -1.5% change from its previous close.
TM and Subaru are set to launch a jointly developed EV to cut production costs and speed up development by standardizing key components.
Joby Aviation (JOBY) has received $500 million in additional funding from Toyota (TM), bringing Toyota's total investment in the aerospace company to nearly $1 billion. Joby Aviation CEO JoeBen Bevirt joins Catalysts to discuss the news and the company's efforts to get its electric air taxis into the skies.
Japanese automaker Toyota is boosting its investment in Joby Aviation by $500 million, bringing its total investment in the air taxi manufacturer to $894 million. Joby CEO JoeBen Bevirt joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
TM delays U.S. EV production to early 2026, pushing back plans to assemble a three-row electric SUV at its Kentucky plant, initially set for 2025.
Investors weren't keen on news of a production delay and a multimillion-dollar investment in an air taxi company.