Scoop: Dacora raising up to $30M for ultra-luxe EV

Dacora Motors is raising $10 million to $30 million in Series A funding to develop an all-electric competitor to Rolls-Royce, a source familiar with the raise tells Axios Pro.

Why it matters: The startup's $500,000 sedan represents a U-turn from other EV makers who have recently focused on B2B customers.