DoorDash Bets Big on Also’s Small EVs for Autonomous Delivery

On MAR 31 2026, DASH rose by 1.59% within 24 hours to reach $32.45, with a 0.8% rise over the past seven days. Despite a 0.82% decline over one month and a 21.82% drop year-to-date, recent developments suggest growing interest in the company’s strategic investments in the electric vehicle (EV) and logistics space.

Strategic Investment in Also to Expand Autonomous Delivery

DoorDash has deepened its partnership with Also, a Palo Alto-based electric vehicle startup, by participating in the company’s $200 million Series C funding round. The investment is not just financial but includes a multi-year commercial agreement aimed at developing and scaling autonomous delivery solutions. The partnership leverages Also’s expertise in small, purpose-built EVs to tackle the complexities of urban and suburban last-mile delivery.

Also’s products include the TM-B electric bike and the TM-Q electric delivery quad—both designed to operate efficiently in environments such as bike lanes, road shoulders, and curbside areas. These are seen as ideal platforms for deploying autonomous capabilities in areas that remain underexplored by existing tech.

Operational Synergy and Strategic Alignment

The collaboration with Also aligns with DoorDash’s broader vision of integrating autonomous delivery into its logistics network. DoorDash Co-Founder Stanley Tang, who will join Also as a board observer, emphasized the potential of these EVs to enhance delivery experiences. Tang highlighted how small EVs can adapt to real-world challenges, such as navigating tight spaces and ensuring timely, intact deliveries.

Also President Chris Yu noted that the partnership focuses on areas where autonomy is still evolving. “Small autonomous EVs are optimal in these environments and that is what Also is building from the ground up,” he said, underlining the startup’s focus on tailored, scalable solutions.

The new capital will support Also’s continued product development, manufacturing, and global deployment of its vehicles. This marks a pivotal step for the company, which previously raised $105 million from Rivian and Eclipse in its early stages.

Broader Implications for DoorDash’s Logistics Ecosystem

DoorDash’s investment in Also reflects its strategy to diversify and future-proof its delivery infrastructure. The company has already partnered with other autonomous delivery firms and developed in-house solutions like its Dot delivery robot. This latest alliance with Also underscores DoorDash’s commitment to exploring new technologies and partnerships that can streamline its logistics network.

The partnership also highlights a growing trend in the tech and logistics sectors—investing in EV-based platforms that are more adaptable, environmentally friendly, and cost-effective for short-distance deliveries. As urbanization and e-commerce continue to grow, the demand for efficient and sustainable delivery options is expected to rise, positioning DoorDash to benefit from these advancements.

Conclusion

While DASH’s stock performance over the past year has been mixed, the strategic investment in Also and the development of autonomous delivery solutions signal long-term value creation. DoorDash is betting on innovation to remain competitive in the fast-evolving logistics and delivery landscape, and its alignment with a high-potential EV startup could play a critical role in its next phase of growth.