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Stock impact report

Santa Cruz air taxi maker Joby gets manufacturing boost from Toyota [Los Angeles Times (CA)]

Honda Motor Company, Ltd. (HMC) 
Last honda motor company, ltd. earnings: 2/7 03:16 am Check Earnings Report
US:NYSE Investor Relations: world.honda.com/investors
The Japanese automaker, which last year became Joby's largest shareholder, has a team of almost 200 employees working to supply critical parts, training tips and assembly line know-how. That involves deploying a set of lean manufacturing precepts known as the Toyota Production System, or TPS, said Sandy Lobenstein, Toyota's group vice president of flying mobility. “We're really trying to bring TPS and the philosophy of TPS into the operations here,” Lobenstein told reporters on a tour of Joby's factory. “Those types of innovations are helping to improve the lead time to production and scaling.” Joby 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. The Santa Cruz, California-based firm is currently set up to make one aircraft a month, but plans to boost that to as many as four per month by 2027. Shares of Joby, which will report fourth-quarter ear Show less Read more
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