Toyota invests US$400m in US 'flying taxi' company

URLhttps://www.just-auto.com/news/toyota-invests-us40
Sourcejust-auto.com
Date Published01/17/2020

Additional Reshoring Information:

Company/Division name Toyota Motor Corporation
Parent companyToyota Motor Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Capital investment ($):394
Country(ies) from which reshored:Japan
City reshored to:Santa Cruz
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric vertical take off & landing aircraft
What domestic positive factors made reshoring more attractive?Eco-system synergies, Other, partnership
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