On May 28, California-based Joby Aviation, developer of electric air taxis for commercial passenger service, announced the successful closing of the first USD 250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. 
The investment is aimed at supporting certification and comm

On February 7, the European Commission approved, under the EU Merger Regulation, the creation of a joint venture by Nissan Motor Co. Ltd. (‘Nissan') and Mitsubishi Corporation (‘Mitsubishi'), both of Japan. The transaction relates primarily to electric mobility.
The Commission concluded that the notified transaction

On October 22, Aerofugia, a Geely Technology Group subsidiary, announced the recent signing of an agreement for in-depth strategic cooperation on the R&D, safety testing, scientific research, and more of New Energy aircraft with the Second Research Institute of Civil Aviation Administration of China (CASRI) in Chengd

On October 2, Toyota Motor Corp. and California-based Joby Aviation, Inc., a company developing electric air taxis for commercial passenger service, announced that Toyota will invest an additional USD 500 million to support the certification and commercial production of Joby's electric air taxi.
The investment, which

On September 14, the GAC R&D Center announced that the GOVE flying car was granted a special flight permit for civil unmanned aircraft by the CAAC Central and Southern Regional Administration on September 11. This marks that GAC Group has taken one step further in the airworthiness certification and commercialization

According to multiple press releases dated August 21, Guangdong HT Flying Car Co., Ltd. was established in Guangzhou, Guangdong on August 19.
Information from the National Enterprise Credit Information Publicity System (NECIPS) shows that the new company has a registered capital of USD 200 million and is wholly owned

On August 12, Porsche SE announced that it has invested a low double-digit million amount in Flix SE, a Munich based mobility platform for long-distance bus and train travel, as part of a co-investment with EQT’s impact fund i.e. EQT Future, in which Porsche SE had already invested earlier this year. Together with EQ

Contemporary Amperex Technology Co., Ltd. (CATL) signed a strategic investment and cooperation agreement with Shanghai Autoflight Co., Ltd. (Autoflight).
The former will invest hundreds of millions of USD in the latter to become a strategic investor, and the latter will cooperate long term with the former on the R&D

On July 25, XPeng AeroHT, a flying car division of Guangzhou Xiaopeng Motors Technology Co., Ltd. (XPeng), announced that it officially signed a strategic cooperation agreement with the Hechi Government of the Guangxi Zhuang Autonomous Region. The two parties will jointly promote the testing, application and supporti

On July 4, the Guangzhou Development District (GDD) signed an investment cooperation agreement on a flying car project with XPeng AeroHT to promote the R&D, mass production, and application of flying cars by vigorously supporting the company in areas such as land utilization, financing, and application scenarios.
XPe

On April 5, Software République announced that it would unveil a new vision and concept for service mobility at the Viva Tech 2024 in Paris. It aimed at providing rapid access to proximity services for citizens and enhancing public services for regional authorities.
The focus is on a human-centric, mobile, and modula

On March 18, Stellantis announced that Stellantis recently purchased approximately 8.3 million shares of Archer Aviations stock signaling its continued confidence in Archer’s plans to bring electric vertical take-off and landing (eVTOL) aircraft to market beginning in 2025. 
Stellantis’ increased investment in Archer

On March 14, Mobilize announced that it will showcase its shared mobility solutions (i.e. Mobilize Share and Duo & Bento), along with recharging (i.e. Mobilize Power Solutions) and fleet management offerings like Mobilize Fleet Connect at Autonomy Mobility World Expo, Paris on March 20, 2024.
Mobilize Fleet Connect i

On March 12, YASA Limited announced that it will relocate its UK headquarters in Bicester Motion's new Innovation Quarter to drive future mobility innovation. With an investment of GBP 60 million, it will feature seven HQ buildings totaling 215,000 square feet, with YASA securing a 15-year lease for three interconnec

On February 16, SEAT S.A. announced its partnership with Barcelona City Council to tackle sustainable urban mobility challenges, drive economic growth, foster innovation, and promote the Barcelona brand. The agreement involves leveraging SEAT S.A.'s expertise in mobility, innovation, and electrification to collaborat