Uber and Joby Aviation Announce Partnership for All-Electric Air Taxi Venture
Uber and Joby Aviation have formalized a partnership to launch an all-electric aerial ridesharing service. The venture integrates Joby's electric vertical take-off and landing (eVTOL) aircraft directly into the Uber app, allowing users to book air taxi flights. This collaboration follows Joby's acquisition of Uber Elevate, the ride-hailing company's aerial division. As part of the deal, Uber has also made a significant financial investment in Joby. The service aims to provide a fast, quiet, and emissions-free transportation alternative in congested urban markets.
Official Source: https://www.nasdaq.com/articles/uber-and-joby-aviation-just-announced-all-electric-air-taxi-venture-5-things-investors
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