Important Innovations

  D AILY INNOVATION BRIEF                                                                                                          By Journalists Edward Kane & Maryanne Kane HOT FLYING TAXI FROM JOBY AVIATION                               Source:  Joby Aviation California-based Joby Aviation, in its early May message to shareholders about Q1 2023, said that it will launch commercial operations of its eVTOL flying taxis in 2025, roll out its 1st company-conforming aircraft within weeks & start delivering eVTOLs to the USAF in early 2024. Here are some key data points on Joby Aviation's aircraft: All electric eVTOL air taxi for ride sharing commutes Under development for ten years with millions of dollars in investment money from Delta & United Airlines 6 electric motors Range of 150 miles Seats 5 people including pilot Speed - up to 200 mph Zero emissions Bookable at the touch of an app Delta has invested $60 million & will start air taxi service 1st in NYC & LA

  The "Vision Study Model"                                                  Source:  Mazda Could This Be the Future Miata EV? Mazda has unveiled a big surprise:  a new sports car concept that is intriguing automotive enthusiasts.  It is called the "Vision Study Model".  It's a beautiful coupe that is sleek, smooth and very aerodynamic.  It sports dramatic, big fenders, butterfly doors and dimensions that are similar to the iconic Miata sports car. Many automotive experts are wondering: Is this the future Miata EV?. It could be!  The vehicle was a big surprise at its unveiling at Mazda's announcement of its future electrification plans, which are very significant.  Mazda is investing $11billion into electrification through 2030. Mazda wants its sales ratio to be 40% EV by 2030. Expectations Automotive experts expect an all-electric Mazda Miata-like sports car to be produced by the late 2020's. They believe that Mazda will first roll out a hybrid version. 

  The "Vision Study Model"                                                  Source:  Mazda Could This Be the Future Miata EV? Mazda has unveiled a big surprise:  a new sports car concept that is intriguing automotive enthusiasts.  It is called the "Vision Study Model".  It's a beautiful coupe that is sleek, smooth and very aerodynamic.  It sports dramatic, big fenders, butterfly doors and dimensions that are similar to the iconic Miata sports car. Many automotive experts are wondering: Is this the future Miata EV?. It could be!  The vehicle was a big surprise at its unveiling at Mazda's announcement of its future electrification plans, which are very significant.  Mazda is investing $11billion into electrification through 2030. Mazda wants its sales ratio to be 40% EV by 2030. Expectations Automotive experts expect an all-electric Mazda Miata-like sports car to be produced by the late 2020's. They believe that Mazda will first roll out a hybrid version. 

Vehicles Electric and On-Demand Source:  Toyota Electric Car First Market Japan  The Toyota SoftBank electric vehicle alliance now includes Mazda, Suburu, Suzuki, Isuzu and Toyota's compact car unit Daihatsu.  Each will invest $530,620 in the venture called Monet in return for a 2% stake in the EV company.  They join Honda and Hino Trucks, each of which have a 10% stake in the new entity.  Toyota and SoftBank own 35% each in a venture now capitalized at $26.6 million. Big Plans for Monet The group plans to rollout on demand bus and car services next year.  Monet is building up members for its on demand services and  expects to have a service platform for electric vehicles by 2023.  This alliance is a primary example of automakers joining forces to offer vehicle services rather than selling cars and to share the massive investment to develop new electric vehicles.