Transportation
Toyota Gears Up for Bigger Role at Air Taxi Maker Joby
Toyota Motor Corp. is safeguarding its nearly $1 billion investment pledge to air taxi maker Joby Aviation Inc. by troubleshooting production processes and mulling a deeper manufacturing role.
The Japanese automaker, which last year became Joby’s largest shareholder, has a team of almost 200 employees working to supply critical parts, training tips and assembly line know-how. That involves deploying a set of lean manufacturing precepts known as the Toyota Production System, or TPS, said Sandy Lobenstein, Toyota’s group vice president of flying mobility.