Airlines plan to plow billions into flying taxis

Business Jun 14, 2021

Airlines plan to plow billions into flying taxis

Flying taxis have moved a step closer to becoming a fixture buzzing across the world’s urban skyscapes after startups in the U.K. and Brazil made commercial breakthroughs and a closely watched effort was unveiled in Los Angeles. Vertical Aerospace Group, based in Bristol, England, won ...

Japan's first unlicensed tuk-tuk taxi case referred to prosecutors

National Jan 13, 2021

Japan's first unlicensed tuk-tuk taxi case referred to prosecutors

A man and his company were referred to prosecutors Wednesday for allegedly operating an unlicensed taxi service in Yokohama using a three-wheeled motorized rickshaw, or tuk-tuk, marking the first illegal taxi case in Japan involving such a vehicle, local police said. The 49-year-old president of ...

Nihon Kotsu and DeNA to integrate taxi-hailing services

Business / Corporate Feb 5, 2020

Nihon Kotsu and DeNA to integrate taxi-hailing services

Major taxi operator Nihon Kotsu Co. and information technology firm DeNA Co. will integrate their taxi-hailing app businesses April 1. With their integrated services, over 100,000 taxis will be available for hailing, the companies said Tuesday. The integration is intended to increase cost competitiveness, improve customer ...

Toyota makes new $394 million bet on flying taxis

Business Jan 16, 2020

Toyota makes new $394 million bet on flying taxis

Toyota Motor Co. is investing $394 million (¥43.3 billion) in Joby Aviation, one of a handful of companies working toward the seemingly implausible goal of making electric air taxis that shuttle people over gridlocked highways and city streets. Toyota is the lead investor in Joby's ...