Flying Cars? Not Yet. Flying Taxis? Toyota Thinks SoToyotaElectric air taxis may be coming to a xxxx near you.Joby Aviation and Toyota Motor Corp. are formalized their long-running partnership by forming a joint venture whose goal is to speed up production of Joby's electric air taxi and bring commercial air mobility—that Jetson's future we've long dreamed about—closer to reality.The goal of the joint venture is to combine Joby's expertise in electric vertical takeoff and landing (eVTOL) aircraft with Toyota's manufacturing and production know-how. Initially, the companies say the alliance is focusing on improving manufacturing processes, setting up the foundation for commercial-scale production of Joby's aircraft.AdvertisementAdvertisement"Toyota has been by Joby's side for nearly a decade, providing invaluable guidance and support as we built the foundation for manufacturing our aircraft," Joby founder and CEO JoeBen Bevirt said in a statement. "Together, we share a vision of making aerial mobility an everyday reality."Toyota Chairman Akio Toyoda said the venture builds on the automaker's long-standing mission to expand access to mobility.Joby Aviation"We see air mobility as a natural extension of that philosophy—from the ground into the sky," Toyoda said.Toyota has been one of Joby's most significant investors, providing financial backing and manufacturing expertise as the California-based company develops its all-electric aircraft. Joby is among several companies racing to launch commercial air taxi services later this decade, with plans to carry passengers on short urban and regional trips using piloted electric aircraft capable of helicopter-like take offs and landings.The companies said they will continue working together to scale production and support broader deployment of air mobility services.