Search results for Joby Aviation
Industry
Beta Technologies targets commercial operations for Alia CX300 electric aircraft in 2027
U.S. electric aviation startup Beta Technologies is accelerating plans to commercialise its runway-based Alia CX300 electric aircraft for short regional routes. The company plans to start paid cargo operations this year under a U.S. Transportation Department pilot programme and is targeting full commercial certification by the end of 2027. Beta is focusing first on conventional takeoff and landing aircraft rather than eVTOLs, highlighting redundancy in its battery design and potential operating cost savings.
Mobility
Tesla \'Model 3 Plaid\' vs Ferrari \'Luce\' sets up high-performance EV showdown
Tesla’s growth plans are again in focus as speculation rises about a high-performance Model 3 Plaid and Elon Musk mentions merger talks with SpaceX. Debate continues over Tesla’s FSD after a lawsuit refund and questions about safety, even as the latest v14 is seen as improved. Waymo’s lead in robotaxis is highlighted. China’s EV market expands rapidly, led by BYD and others. In Korea, autonomous driving and mobility services advance. Ferrari’s first full EV, the Luce, faces design backlash.
AI & Enterprise
SKT sells two-thirds of Joby Aviation stake, effectively exits UAM business
SK Telecom has effectively withdrawn from the urban air mobility business after disposing of two-thirds of its stake in U.S. manufacturer Joby Aviation. SKT said it sold 66.6 percent of its Joby Aviation shares in the fourth quarter of 2025, reducing its remaining stake to 0.7 percent from 2.1 percent. SKT invested about $100 million in Joby in June 2023 and formed a strategic partnership.