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Toyota Investing Another $500 Million in Flying Cab Start-up Joby Aviation

Toyota Investing Another $500 Million in Flying Cab Start-up Joby Aviation

As the first flying cabs approach production, Toyota is more than doubling down on its stake in Joby Aviation, a California-based an electric air mobility start-up that is now test flying its first production prototypes.

EVs, Hybrids Salvage an Otherwise Weak September for Tesla, Ford, GM, Other Automakers

EVs, Hybrids Salvage an Otherwise Weak September for Tesla, Ford, GM, Other Automakers

Tesla posted a modest upturn in sales for the third quarter after losing ground during the first half of the year. And it wasn’t alone. EVs, PHEVs and conventional hybrids staved off what could have been a much sharper downturn for the U.S. auto industry, helping prop up major manufacturers including General Motors, Ford, Toyota and Mitsubishi.

Mercedes-AMG Sees Big Opportunities for Performance EVs

Mercedes-AMG Sees Big Opportunities for Performance EVs

While a number of automakers are rethinking their plans for EVs, Mercedes remains committed to the transition to battery-electric propulsion. And that includes its high-performance division, AMG. If anything, AMG CEO Michael Schiebe is convinced buyers “will jump into that new technology” as new models come to market.