Key facts
- Joby Aviation and Toyota Motor have formed a joint venture.
- The joint venture is named Joby Toyota Aero Manufacturing Preparation Company (JTAMPC).
- The venture will produce Joby's S4 series electric air taxis.
- Toyota will hold a majority stake in the joint venture.
- Food delivery company Wonder will launch drone deliveries in January.
- Wonder's drone deliveries will occur in Dallas and other Texas cities.
- Wonder aims to offer faster and fresher food options.
- Wonder acquired Grubhub.
- Wonder is partnering with Zipline for drone operations.
Joby Aviation and Toyota Motor have established a joint venture named Joby Toyota Aero Manufacturing Preparation Company (JTAMPC) with the goal of producing Joby's S4 series electric air taxis. Toyota will hold a majority stake in this new manufacturing preparation venture.