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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.

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.