Abdul Latif Jameel and "Joby" investigates the supply of electric aircraft in Saudi Arabia

The Abdul Latif Jameel Group has signed a memorandum of understanding with the American Joby Aviation to finalize the opportunities available to finalize the US company aircraft distribution agreement in Saudi Arabia, in a step that includes a study of the delivery of up to 200 aircraft with a value of about one billion in the coming years. The agreement is based on the economic partnership between the US administration and the Saudi government, which aims to achieve joint growth in the field of movement and innovation, according to the joint statement issued by the two companies today. The timeframe for the delivery of the first aircraft or the period during which the agreement will be executed. The two parties also want to explore extra opportunities to achieve growth in the entire Middle East. The first phase .. meet the needs of the Saudi Market, the first phase of collaboration between “Jobi” and “Abdullatif Jameel” focuses on the needs of the market in Saudi Arabia. The two parties are scheduled to investigate the prospects for distribution and sales collaboration, and to launch local air tariff services, including the establishment of post -selling services such as maintenance, repair, renewal and training of pilots, according to the statement. Vertical electric aircraft, “Jobi”, based in Santa Cruz, California, are one of a few companies that develop vertical electric aircraft (EVTOL), and plan to transport short flight passengers via air taxis with batteries. The company recently said it aims to start commercial services in Dubai in early 2026, after it has previously targeted the end of this year. It is noteworthy that the inherent and electric “Jobi” aircraft is fully designed to transport four passengers up to 200 km / h, providing high speed transition and conventional emissions. It should be noted that the group “Abdul Latif Jameel” is linked to long -term relations with “Toyota” as a distributor for its vehicles in the Middle East. The two parties were one of the first investors in ‘Jobi’, which recently became the biggest contributor.