Browsing: Toyota

Toyota is making a $394-million investment in Joby Aviation, one of the handful of companies with the seemingly implausible goal of making electric air taxis that shuttle people over gridlocked highways and city streets.

Toyota is investing $500-million more in Uber, underscoring the Japanese car maker’s efforts to catch up on self-driving technology as General Motors and Waymo lead the race to upend transportation with autonomous vehicles.