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There were no external investors participating in the round. The company did not provide any details on its valuation.

Maruti Suzuki which sells every second car in India, also said it sees the chip-shortage crisis improving in the current quarter which it hopes will help ramp up production to close the gap on pending orders.

Chief Executive Officer Elon Musk promises an updated product roadmap on Wednesday, with eyes on the time frames for the launch of Cybertruck and a hoped-for $25,000 electric car.

Hitting that production target would depend on a stable supply of chips

Brent crude rose $1.37, or 1.6%, to $89.57 at 1319 GMT after reaching $89.60, the highest since October 2014. U.S. West Texas Intermediate (WTI) crude was up $1.13, or 1.3%, to $86.73.

Automakers and chips manufacturers have warned the supply shortages could last until least 2023.

Using data from Volkswagen's fleet, the partners will develop so-called Level 2 autonomous driving software.

Bentley also committed to investing 2.5 billion pounds ($3.4 billion) in sustainability over the next decade.