<div dir="ltr"><p style="background-repeat:no-repeat;box-sizing:inherit;margin:15px 0px;color:rgb(51,51,51);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;font-size:18px;letter-spacing:-0.1px">"Joby is developing a five-seat electric vertical take-off and landing aircraft, which it unveiled to much anticipation in February. The company, which has backing from Toyota and JetBlue, has released a slew of announcements in recent months as it geared up for the public listing.</p><p style="background-repeat:no-repeat;box-sizing:inherit;margin:15px 0px;color:rgb(51,51,51);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;font-size:18px;letter-spacing:-0.1px">“A lot of people talk about us as a secretive company,” Bevirt said in an interview with TechCrunch. “We’re not actually a secretive company, we just choose to do the work and then show our work, rather than talking about it and then doing it.”</p><p style="background-repeat:no-repeat;box-sizing:inherit;margin:15px 0px;color:rgb(51,51,51);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;font-size:18px;letter-spacing:-0.1px">"One way to frame the fate of air taxis is whether they will be more like autonomous vehicles or electric vehicles. The AV space circa five years ago was filled with companies setting ambitious expectations about when true self-driving cars would be on the roads, only to have multiple companies collapse or sell under the weight of overshot expectations.</p><p style="background-repeat:no-repeat;box-sizing:inherit;margin:15px 0px;color:rgb(51,51,51);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;font-size:18px;letter-spacing:-0.1px">But Sciarra suggested that a better analogy to the eVTOL industry as it currently stands is the early days of electric vehicles. He pointed out that Joby’s aircraft is designed to conform to existing safety and certification standards, with a trained pilot onboard, similar to how helicopters and planes operate today. “We didn’t want to compound the technical risk of developing a new aircraft with the technical and regulatory risk of developing full autonomy from day one.”</p><p style="background-repeat:no-repeat;box-sizing:inherit;margin:15px 0px;color:rgb(51,51,51);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;font-size:18px;letter-spacing:-0.1px"><a href="https://techcrunch.com/2021/08/11/joby-aviation-makes-its-public-trading-debut-on-the-nyse/">https://techcrunch.com/2021/08/11/joby-aviation-makes-its-public-trading-debut-on-the-nyse/</a> <br></p></div>