Joby Aims to Double Planned Air Taxi Output by 2027

Air taxi maker Joby Aviation Inc. said it plans to double its US manufacturing capacity to as many as four aircraft per month by 2027, using both its main production site in California and another in Ohio.

The Santa Cruz, California-based company is among a handful of startups developing eVTOL aircraft — electric vertical takeoff and landing vehicles — to fly customers on short commuter journeys via battery-powered air taxis. Toyota Motor Corp. became its largest shareholder in May, and Joby has touted the Japanese carmaker’s support in honing its manufacturing.

“We’re confident now is the right time to invest ...