Toyota has announced plans to invest an additional $500 million in Joby Aviation, a company developing electric air taxis, bringing its total investment to nearly $1 billion. This strategic move highlights Toyota's commitment to the future of electric vertical takeoff and landing (eVTOL) aircraft and signals a significant push into the air mobility sector. Following the announcement, shares of Joby Aviation surged on the stock market, reflecting investor optimism regarding the potential impact of this funding on the company's growth and certification processes.