PHOTO COLLECTION: Election 2024 Debate

This is a collection of photos chosen by AP photo editors.

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Democratic vice presidential nominee Minnesota Gov. Tim Walz speaks during a vice presidential debate hosted by CBS News, with Republican vice presidential nominee Sen. JD Vance, R-Ohio, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

This is a collection of photos chosen by AP photo editors.

Republican vice presidential nominee Sen. JD Vance, R-Ohio, speaks during a vice presidential debate hosted by CBS News, with Democratic vice presidential candidate Minnesota Gov. Tim Walz, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Viewers in the spin room watch the CBS News vice presidential debate, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Julia Demaree Nikhinson)

Democratic vice presidential nominee Minnesota Gov. Tim Walz speaks during a vice presidential debate hosted by CBS News, with Republican vice presidential nominee Sen. JD Vance, R-Ohio, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, left, and Democratic vice presidential nominee Minnesota Gov. Tim Walz, shake hands as they arrive for a CBS News vice presidential debate, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Julia Demaree Nikhinson)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, speaks during a vice presidential debate hosted by CBS News, with Democratic vice presidential candidate Minnesota Gov. Tim Walz, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, and Democratic vice presidential candidate Minnesota Gov. Tim Walz participate in a vice presidential debate hosted by CBS News Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Democratic vice presidential nominee Minnesota Gov. Tim Walz speaks during a vice presidential debate hosted by CBS News, with Republican vice presidential nominee Sen. JD Vance, R-Ohio, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, and Democratic vice presidential nominee Minnesota Gov. Tim Walz shake hands before the vice presidential debate hosted by CBS News Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, speaks during a vice presidential debate hosted by CBS News, with Democratic vice presidential candidate Minnesota Gov. Tim Walz, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Viewers in the spin room watch the CBS News vice presidential debate, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Julia Demaree Nikhinson)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, speaks during a vice presidential debate hosted by CBS News, with Democratic vice presidential candidate Minnesota Gov. Tim Walz, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Democratic vice presidential nominee Minnesota Gov. Tim Walz speaks during a vice presidential debate hosted by CBS News, with Republican vice presidential nominee Sen. JD Vance, R-Ohio, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, and Democratic vice presidential nominee Minnesota Gov. Tim Walz participate in vice presidential debate hosted by CBS News Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

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This is a collection of photos chosen by AP photo editors.

Republican vice presidential nominee Sen. JD Vance, R-Ohio, speaks during a vice presidential debate hosted by CBS News, with Democratic vice presidential candidate Minnesota Gov. Tim Walz, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Viewers in the spin room watch the CBS News vice presidential debate, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Julia Demaree Nikhinson)

Democratic vice presidential nominee Minnesota Gov. Tim Walz speaks during a vice presidential debate hosted by CBS News, with Republican vice presidential nominee Sen. JD Vance, R-Ohio, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, left, and Democratic vice presidential nominee Minnesota Gov. Tim Walz, shake hands as they arrive for a CBS News vice presidential debate, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Julia Demaree Nikhinson)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, speaks during a vice presidential debate hosted by CBS News, with Democratic vice presidential candidate Minnesota Gov. Tim Walz, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, and Democratic vice presidential candidate Minnesota Gov. Tim Walz participate in a vice presidential debate hosted by CBS News Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Democratic vice presidential nominee Minnesota Gov. Tim Walz speaks during a vice presidential debate hosted by CBS News, with Republican vice presidential nominee Sen. JD Vance, R-Ohio, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, and Democratic vice presidential nominee Minnesota Gov. Tim Walz shake hands before the vice presidential debate hosted by CBS News Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, speaks during a vice presidential debate hosted by CBS News, with Democratic vice presidential candidate Minnesota Gov. Tim Walz, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Viewers in the spin room watch the CBS News vice presidential debate, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Julia Demaree Nikhinson)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, speaks during a vice presidential debate hosted by CBS News, with Democratic vice presidential candidate Minnesota Gov. Tim Walz, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Democratic vice presidential nominee Minnesota Gov. Tim Walz speaks during a vice presidential debate hosted by CBS News, with Republican vice presidential nominee Sen. JD Vance, R-Ohio, Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Republican vice presidential nominee Sen. JD Vance, R-Ohio, and Democratic vice presidential nominee Minnesota Gov. Tim Walz participate in vice presidential debate hosted by CBS News Tuesday, Oct. 1, 2024, in New York. (AP Photo/Matt Rourke)

Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American air taxi company's commercial business off the ground.

Toyota's investment will be used to support certification and production of Joby's electric air taxi, the companies said Wednesday, and brings Toyota Motor Corporation’s total investment in Joby to $894 million. After the investment, which will come in two equal tranches later this year and next, Toyota will own about 22% of Joby's outstanding shares.

“Today’s investment builds on nearly seven years of collaboration between our companies,” said JoeBen Bevirt, founder and CEO, Joby Aviation. “The knowledge and support shared by Toyota has been instrumental in Joby’s success and we look forward to deepening our relationship as we deliver on our shared vision for the future of air travel.”

Joby said it recently rolled its third aircraft off the production line and said in August that the fourth of five certifications was in progress.

In addition to the cash investment, Toyota has been spending time and human resources to share its design and manufacturing methods. The Japanese automaker said its engineers are working with Joby's team at its California headquarters.

Last year, the companies signed a long-term agreement for Toyota to supply key powertrain and other components for the production of Joby’s aircraft.

PHOTO COLLECTION: Election 2024 Debate