Electric aircraft maker Joby Aviation to build air taxi production plant in Ohio, USA

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Electric aircraft maker #joby Aviation (JOBY.N) will invest up to $500 million to build a new facility in Dayton, #ohio where it will mass produce air taxis, it said on Monday.

The 140-acre site at Dayton International Airport is set to be the first serial production location for the company, as opposed to the prototypes built at its pilot production line in California.

Joby founder JoeBen Bevirt told Reuters that the company is "driving vigorously" to win Federal Aviation Administration certification for its electric vertical takeoff and landing (eVTOL) aircraft so that it can begin commercial passenger service in 2025.

Joby Production Launch eVTOL Aircraft Roll Out Event
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