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Electric Vehicles

Joby Begins Construction Of New Electric Air Taxi Hub In Dubai

November 14, 2024
x min read
Joby flying taxi Dubai

Dubai has fully embraced electric air taxis as the future of transportation. And Joby Aviation is getting closer to actually making it happen.

What’s happening:

  • Joby Aviation (NYSE: JOBY) has officially begun construction of their electric air taxi vertiport located at the Dubai International Airport

Why it matters:

  • This is one of the world’s first large scale infrastructure projects focused on implementing electric air taxis for urban transportation in a major city

By the numbers:

  • The new vertiport being built by Joby Aviation is 3 stories and spans 3,100 square metres
  • Joby Aviation has the exclusive rights to being the primary air taxi operator in Dubai for 6 years
  • Following the successful completion of the project, Joby Aviation and the government of Dubai plan to build 4 more vertiport locations to other regions in Dubai

Going deeper:

The intrigue:

  • Airline companies have also been starting to show excitement about electric air taxis, with Southwest Airlines (NYSE: LUV) previously cutting a deal with Archer Aviation (NYSE: ACHR) to build out regional networks within California to make air taxi transportation more accessible

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