News about Toyota

The article presents a hypothetical scenario in which Joby Aviation, which is developing eVTOL passenger aircraft, has 2,500 aircraft operating by 2036, each flying 24 times a day for 300 days a year and generating about $200 per flight. That would produce roughly $3.6 billion in annual revenue and, at a price-to-sales multiple of 3, a market cap of about $10.8 billion, about 125% above today, which would turn a $5,000 investment into about $11,250. The author notes these assumptions are not guaranteed, since fleet scale, flight frequency and pricing may fall short, and certification remains a risk. Joby has produced five eVTOLs so far and targets four aircraft per month in 2027, with Toyota supporting production growth toward 500 aircraft a year.

Toyota Motor plans to use Tesla-style gigacasting, which consolidates body parts into fewer, larger components, at a new Lexus electric vehicle plant in China. At the same time, it has urged EU policymakers to adjust automotive content rules so that more parts sourced outside the bloc can qualify. The article frames these moves as efforts to lower EV manufacturing costs and boost local procurement, while noting that tight or unpredictable EU rules could create execution risks. It also notes that analysts have flagged that debt coverage and dividend funding depend on consistent operating cash flow.