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Ted Ogawa, president and chief executive officer of Toyota Motor North America Inc., during a Joby Aviation Inc. event in Marina, California, US, on Wednesday, June 28, 2023. Joby Aviation Inc. surged after receiving US regulatory approval to expand testing of its air taxi, marking another step toward building a business around electric-powered flying vehicles. Photographer: David Paul Morris

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Joby Aviation Inc.
Ted Ogawa, president and chief executive officer of Toyota Motor North America Inc., during a Joby Aviation Inc. event in Marina, California, US, on Wednesday, June 28, 2023. Joby Aviation Inc. surged after receiving US regulatory approval to expand testing of its air taxi, marking another step toward building a business around electric-powered flying vehicles. Photographer: David Paul Morris