Saudi Air Taxis Deal of $1 Billion Highlights Shift in Transport Networks

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Electric aviation firm Joby Aviation has signed a memorandum of understanding with Abdul Latif Jameel, aiming to distribute up to 200 electric vertical take-off and landing aircraft across Saudi Arabia. The deal, valued at around $1 billion, marks a major step toward launching a new air taxi network and supporting the country’s transportation and environmental goals.

The partnership includes the complete integration of air taxi services within Saudi Arabia’s mobility system, such as pilot training, aircraft maintenance, and infrastructure development. This strategic alignment positions both firms to meet growing demand for high-speed, low-emission transport options in the Middle East.

The memorandum of understanding paves the way for a full electric air taxi network

The agreement outlines an ambitious plan to deploy up to 200 of Joby’s electric aircraft in the Saudi market. Designed for quiet and efficient urban air travel, these eVTOL aircraft carry four passengers and a pilot, with a range of up to 100 miles per charge. The partnership will also involve working with regulators, building vertiport infrastructure, and training local engineers.

Abdul Latif Jameel, which first invested in Joby during its Series C funding round in 2020, will play a key role in distributing and operating the aircraft. Its established presence in transportation and energy sectors provides the operational base needed to launch Joby’s services across the region.

The air taxi initiative aligns with Vision 2030 and broader diversification efforts

The initiative fits squarely into Vision 2030, Saudi Arabia’s roadmap to diversify its economy and reduce dependence on oil. Transportation is a central focus of the plan, and the deployment of eVTOL aircraft supports its climate and modernization targets.

By integrating electric aviation into its urban infrastructure, the kingdom is advancing goals to lower emissions and adopt innovative technologies. The planned air taxi service will contribute to a cleaner and more connected mobility ecosystem.

Joby’s Middle East expansion highlights growing global interest in eVTOL technology

For Joby, this agreement represents a key entry point into a region investing heavily in advanced transportation. Partnering with Abdul Latif Jameel gives Joby access to logistical capabilities and market knowledge essential for scaling operations.

The move underscores how global interest in eVTOL technology is no longer speculative. With orders confirmed and local partnerships in place, Joby is laying the groundwork for widespread commercial use of electric aircraft.

The success of this initiative could position Saudi Arabia as a leader in electric air mobility. With large urban centers, expanding infrastructure, and government support, the conditions are in place for a real shift in how goods and people move across cities.

Sources:

• Transport Topics