other material
confidence high
sentiment positive
materiality 0.80
Joby Aviation selects Dayton, Ohio for first scaled manufacturing facility; up to 500 aircraft/year
Joby Aviation, Inc.
- Plans to invest up to $500M to build facility at Dayton International Airport, creating up to 2,000 jobs.
- Facility capable of delivering up to 500 eVTOL aircraft per year; construction starts 2024, operational 2025.
- Up to $325M in state and local incentives available; invited to apply for DOE Title XVII loan.
- Toyota will continue to advise on scaled production; Joby's HQ and R&D remain in California.
- Selection follows competitive site process; contingent on due diligence, permits, and approvals.