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Joby Aviation completes first international air taxi flight in Japan alongside Toyota [Video]
Fresh off a $500 million investment from Toyota, eVTOL air taxi developer Joby Aviation has taken its aviation technology to Japan for the first time to demonstrate sustainable flight capabilities for its business partner, which you can view in the video below.
Joby Aviation ($JOBY) continues to advance in the growing yet nascent segment of eVTOL air travel by demonstrating the capabilities of its technology and garnering huge financial support from its investors.
Joby completed its first flight with a pilot onboard in October 2023, which quickly led to a demonstration in New York City ahead of full-fledged eVTOL air taxi operations planned for sometime in 2025.
Early believers like Toyota Motor Corporation, who joined the eVTOL fold in 2019, have invested hundreds of millions in funding. Toyota, which remains the largest OEM in Japan, has deployed dozens of its engineers to work alongside Joby’s team to support the aviation company in designing its eVTOL factory and manufacturing processes in preparation for high-volume production in the US.
Last month, Toyota nearly doubled its previous investments in Joby Aviation, providing $500 million to help the company reach certification and scale production of its eVTOL air taxis. To build on its partnership, Joby took its experimental eVTOL air taxi to Japan for its first international demonstration flight above Shizuoka with a beautiful view of Mt. Fuji as its backdrop.
Joby completes exhibition air taxi flight in Japan
Over the weekend, Joby Aviation completed a demonstration air taxi flight above Toyota’s Higashi-Fuji Technical Center in Shizuoka, Japan, without a pilot present onboard.
The event, attended by executives from both companies, including Toyota chairman Akio Toyoda, marked the first time the air taxi had flown internationally. It demonstrated a vertical takeoff followed by a horizontal flight above Japan. Per Joby founder and CEO JoeBen Bivert:
Our first overseas flight marks a significant milestone on our journey towards making clean air travel an everyday reality. We share Toyota’s vision for the future of mobility and are honored to have had the opportunity to present a glimpse of that future through our flight in Japan.
In addition to Toyoda and the Motor Corporation’s executive vice president and chief technology Hiroki Nakajima, other major stakeholders and representatives from Japan’s Civil Aviation Bureau were in attendance for the air taxi flight demonstration, which can be viewed below.
Following the test flight in Japan, Joby and Toyota intend to continue their long-term business agreement to bring eVTOL air taxi travel to the masses. Toyota’s most recent investment in the aviation company will help it establish a manufacturing alliance to support its first phase of eVTOL commercialization. Here’s the test flight video:
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Environment
U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears
A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025.
Pavel Mikheyev | Reuters
U.S. oil prices dropped below $60 a barrel on Sunday on fears President Donald Trump’s global tariffs would push the U.S., and maybe the world, into a recession.
Futures tied to U.S. West Texas intermediate crude fell more than 3% to $59.74 on Sunday night. The move comes after back-to-back 6% declines last week. WTI is now at the lowest since April 2021.
Worries are mounting that tariffs could lead to higher prices for businesses, which could lead to a slowdown in economic activity that would ultimately hurt demand for oil.
Oil futures, 5 years
The tariffs, which are set to take effect this week, “would likely push the U.S. and possibly global economy into recession this year,” according to JPMorgan. The firm on Thursday raised its odds of a recession this year to 60% following the tariff rollout, up from 40%.
Fueled by incentives from the Illinois EPA and the state’s largest utility company, new EV registrations nearly quadrupled the 12% first-quarter increase in EV registrations nationally – and there are no signs the state is slowing down.
Despite the dramatic slowdown of Tesla’s US deliveries, sales of electric vehicles overall have perked up in recent months, with Illinois’ EV adoption rate well above the Q1 uptick nationally. Crain’s Chicago Business reports that the number of new EVs registered across the state totaled 9,821 January through March, compared with “just” 6,535 EVs registered in the state during the same period in 2024.
Those numbers represent more than 50% growth in EV registrations – far beyond the expected 12% first-quarter increase nationally being projected by Cox Automotive. (!)
What’s going on in Illinois?
While President Trump and Elmo were running for re-election, they campaigned on the threat promise of canceling the $7,500 federal tax credit for EVs. Along with California Governor Gavin Newsom, Illinois’ Governor JB Pritzker made countermoves – launching a $4,000 rebate for new electric cars and up to $1,500 for the purchase of a new electric motorcycle.
At the same time, the state’s largest utility, ComEd, launched a $90 million EV incentive program featuring a new Point of Purchase initiative to deliver instant discounts to qualifying business and public sector customers who make the switch to electric vehicles. That program has driven a surge in Class 3-6 medium duty commercial EVs, which are eligible fro $20-30,000 in utility rebates on top of federal tax credits and other incentives (Class 1-2 EVs are eligible for up to $7,500).
We covered the launch of those incentives when the program was announced at Chicago Drives Electric last year, but the message here is simple: incentives work.
SOURCES: Chicago Business, Ray Cunningham; featured image by the author.
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The electric construction equipment experts at XCMG just released a new, 25 ton electric crawler excavator ahead of bauma 2025 – and they have their eye on the global urban construction, mine operations, and logistical material handling markets.
Powered by a high-capacity 400 kWh lithium iron phosphate battery capable of delivering up to 8 hours of continuous operation, the XE215EV electric excavator promises uninterrupted operation at a lower cost of ownership and with even less downtime than its diesel counterparts.
XCMG is delivering on part of that reduced downtime promise with the lower maintenance and easier repair needs of electric equipment, and delivering on the rest of it with lickety-quick DC fast charging that can recharge the machine’s massive battery in 1.5-2 hours … but that’s not the slick bit. The XCMG XE125EV can be powered up without leaving the job site thanks to its BYD battery swap technology.
We first covered XCMG and its battery swap technology back in January, and covered similar battery-swap tech being developed by MOOG Construction offshoot ZQUIP, as well – but while XCMG’s battery tech has been in production for several years, it’s still not widely known about in the West (even within the industry).
XCMG showed off its latest electric equipment at the December 2024 bauma China, including an updated version of its of its 85-ton autonomous electric mining truck that features a fully cab-less design – meaning there isn’t even a place for an operator to sit, let alone operate. And that’s too bad, because what operator wouldn’t want to experience an electric truck putting down 1070 hp more than 16,000 lb-ft of torque!?
Easy in, easy out
The best part? All of the company’s heavy equipment assets – from excavators to terminal tractors to dump trucks and wheel loaders – all use the same 400 kWh BYD battery packs, Milwaukee tool style. That means an equipment fleet can utilize x number of vehicles with a fraction of the total battery capacity and material needs of other asset brands. That’s not just a smart use of limited materials, it’s a smarter use of energy.
You can check out all the XE215EV’s specs at this tear sheet, and get an in-person look at the Chinese company’s latest electric excavator this week in Munich, Germany.
SOURCE | IMAGES: XCMG.
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