Porsche's Subscription Service, Learning to Ride, Xpeng Continues EV Win Streak - SAI Newsletter #34
Not much up top today outside of NIO’s recent announcement that they’ll be raising between $1.3-1.5B USD via share issuance. I can’t blame them, like Tesla, they’re just getting in when the getting is good. IN THE NEWS: - Byton’s heavy lift. Looks like folks are working on a plan to resuscitate Byton and get the M-Byte into production sometime this month. The plan includes receiving a bailout from FAW, while also agreeing to manufacture an electric vehicle at their Nanjing