Search results for AAM
Industry
Global regulation outpaces plant buildout, speeding up Korean anode materials shift
Korean anode materials makers are accelerating plans to localise synthetic graphite as a U.S. route for Chinese graphite shifts from high tariffs to tax credit eligibility requirements. With capacity expansions and long-term supply contracts largely concentrated in 2027, domestic cell makers have limited options to replace Chinese materials before then. Import prices have fallen, but U.S. 45X rules on prohibited foreign entities tighten from 2026.
Mobility
Korean Air to convert Archer Midnight flying taxi into military transport aircraft
Korean Air has begun work with U.S. flying taxi startup Archer Aviation to convert the electric vertical takeoff and landing aircraft Midnight into a military model. The partners aim to adapt the existing platform to Korean military standards for troop transport and short-range missions. Korean Air will handle modifications and Archer will support technology and airworthiness certification. The plan is also linked to Korea’s future aviation industry strategy and its UAM programme targeting 2028 commercial services.
Industry
Toyota sets up joint venture with Joby to produce eVTOL air taxis
Toyota and U.S. electric vertical takeoff and landing aircraft developer Joby Aviation are starting a strategic manufacturing partnership to enable commercial production of electric air taxis. The companies have set up a joint venture, Joby Toyota Aero Manufacturing Preparation Company, to build production systems and improve productivity, quality and cost competitiveness. Toyota will own 51 percent and Joby 49 percent. The announcement did not include specific production targets, timelines or profitability plans.
