e.GO Mobile, an electric vehicle startup, has raised $57 million in a Series C funding round to develop sustainable electric vehicles.
The funding round was led by nd Industrial Investments BV and counted with participation from new and existing investors. The funding will be used by the startup to accelerate the production of its e.GO Life platform, develop new models, and design new features to provide drivers with a better experience. Ali Vezvaei, Chairman of the Board at e.GO Mobile, referred to the round by stating:
“We are very pleased with the success of the Series C funding but, above that, with the vote of confidence from our investors. The team at e.GO is determined, more than ever, to drive the much-needed transformation to carbon-free urban mobility by offering an electric vehicle like no other.”

Full article: Grit Daily