Joby Aviation — the publicly-traded electric air vehicle company with a current market cap of $3.1 billion — has received the necessary certification from the Federal Aviation Administration to begin on-demand commercial air taxi operations, the company said on Thursday.
While it’s a significant milestone that puts Joby closer to its stated goal of launching its electric aerial ridesharing service commercially in 2024, the startup still has a ways to go until it can ferry passengers in its electric vertical takeoff and landing (eVTOL) vehicles.
Joby has only built two prototy
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