GM's Future in China, NYC's Congestion Pricing, NIO's Battery Swap - SAI Newsletter #33
Big event to watch for this week is Xpeng’s IPO. Seems they’re bullish and are looking to raise ~$1.275B from the IPO. Of course, we’ll be watching as they join NIO and Li Auto as currently, the ONLY US-traded EV cos. They’ll likely be joined within the next 12-14 months by AV startups both in the US and China so tracking financials could be something the newsletter’s going to have to do moving forward. We kinda do that anyway but there’s still an opaqueness for US investors