#Latest news with #JobyAviationInc.Bloomberg3 days agoBusinessBloombergJoby, Saudi Investor Eye Air Taxi Deal Worth Up to $1 BillionJoby Aviation Inc. is working toward an agreement to sell as many as 200 of its air taxis to a major Saudi Arabian investor in a deal potentially worth as much as $1 billion. Joby and Abdul Latif Jameel, a Jeddah-based group named after its late founder and run today by his family, have signed a memorandum of understanding 'to explore opportunities to establish a distribution agreement in Saudi Arabia for Joby's electric aircraft,' according to a joint statement Tuesday.
Bloomberg3 days agoBusinessBloombergJoby, Saudi Investor Eye Air Taxi Deal Worth Up to $1 BillionJoby Aviation Inc. is working toward an agreement to sell as many as 200 of its air taxis to a major Saudi Arabian investor in a deal potentially worth as much as $1 billion. Joby and Abdul Latif Jameel, a Jeddah-based group named after its late founder and run today by his family, have signed a memorandum of understanding 'to explore opportunities to establish a distribution agreement in Saudi Arabia for Joby's electric aircraft,' according to a joint statement Tuesday.