Joby Aviation eyes Asia and Europe as early markets alongside North America – ClearTips

While electric vertical take-off and landing passenger aircraft startup Joby Aviation is targeting North America for its initial commercial launch, founder and CEO Joben Bewart expects the company to have an early presence in Asia and Europe as well.

Bewart joins TC Sessions: Mobility 2021 on June 9, doesn’t place first; Although recent announcements suggest that it is limited to Los Angeles, Miami, New York and the San Francisco Bay Area. But he paid attention to how those cities would look at first.

“I think we will have early markets in each of the three regions,” he said. “Our initial launch market will be in North America, where most of our team is currently. But there are incredible opportunities and cities around the world and we want to provide as many benefits as possible to as many people as possible. And so we move to manufacturing. So focused on growing.”

Joby Aviation is expected to Later this year, start construction on the 450,000-square-foot manufacturing facility designed in conjunction with Toyota. The company has already completed a pilot manufacturing facility.

Joby, once a secret startup, has gone public with more than a six-month delay. a deal struck for the company Merger with Reinvent Technology Partners, a special purpose acquisition company formed by Well-known investors and LinkedIn co-founders Reed Hoffman, Michael Thompson and Zynga founder Mark Pincus. Hoffman also joined Bevert at the TC Sessions: Mobility event.

Prior to its SPAC deal, Joby had garnered attention for years and investors developed its own EVTOL. Toyota became a significant subsidiary and partner, leading the $620 million Series C round of funding in January 2020. About a year later, Joby acquired Uber’s air taxi Moonshot Elevate as part of a complicated deal.

Today, Joby is focused on certification, on which he has been working with the FAA since 2018, as well as manufacturing his own EVTOL aircraft. The company is starting to put the pieces together about how and where it will work. And that’s adding to its size. In the past year, Joby has more than doubled its workforce, which is now around 800.

Earlier this month, Joby Aviation announced a partnership with REEF Technology, one of the nation’s largest parking garage operators, and real estate acquisition company Neighborhood Property Group, to provide an initial focus on Los Angeles, Miami, New York and New York City. To build your network of vertiports together. and the San Francisco Bay Area.

When 2024 arrives, Bevirt expects to launch in one to two cities in its first year of operation.

“We want to provide enough depth of coverage that consumers get to experience the transformational experience,” Bevert said. “There have been cases where if a new service starts, and there is not enough supply, consumers may get frustrated, right. And so we want to make sure that we can actually serve at least a portion of the demand and provide a truly gratifying experience to our customers. I think what we really care about as a company is making customers ardent fans. “

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