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Electric air taxi developer Archer Aviation responded to a lawsuit Monday with its own counterclaims that rival Joby Aviation allegedly defrauded the U.S. government and its competitors by falsely presenting itself as an American-made company. The counterclaim, filed in federal court, alleges Joby relied on a Chinese manufacturing subsidiary to source critical components from Chinese…
The Federal Aviation Administration (FAA) approved eight pilot programs that will allow a handful of companies, including Archer Aviation, Beta Technologies, Joby Aviation, and Wisk to start widespread electric aircraft testing as early as this summer. The three-year program, which will span 26 states, is designed to ensure U.S. companies lead the way in next-gen…
Electric aircraft startup Lilium may have ceased operations a year ago, but its insolvency filing wasn’t quite the end of the German-based company. There were multiple failed attempts to restructure the company, including a last-ditch effort by Mobile Uplift Corporation, a company set up by investors from Europe and North America, to acquire the operating…
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! I took a tour through a few 10Q reports this week to get a sense of how EV makers like Rivian and Lucid…
Electric air taxi developer Joby Aviation has agreed to buy Blade Air Mobility’s helicopter ride-share business for as much as $125 million. Joby is buying the Blade brand and the company’s passenger business, which includes operations in the United States and Europe. Blade founder and CEO Rob Wiesenthal will continue to lead the business, which…
Joby Aviation has reached a tentative deal with investor and Saudi Arabian conglomerate Abdul Latif Jameel (ALJ) to distribute up to 200 electric aircraft valued at about $1 billion over the coming years. If finalized, the partnership could provide Joby with a fast path to monetizing its electric vertical takeoff and landing vehicles in Saudi…
Joby Aviation is partnering with Virgin Atlantic to launch electric air taxis in the U.K., marking the seventh country in which the startup hopes to one day commercialize. Joby, which went public in 2021 via special purpose acquisition merger, did not provide a timeline for when it plans to launch its partnership with Virgin in…