Equity Monday: As Xpeng raises $500M more, exists any ceiling for EV interest?

Hello and invite back to Equity, TechCrunch’s endeavor capital-focused podcast where we unpack the numbers behind the headings.

This is Equity Monday, our weekly kickoff that tracks the current big news, chats about the coming week, goes into some recent funding rounds and mulls over a bigger style or narrative from the personal markets. You can follow the show on Twitter here, and myself here, and don’t forget to have a look at last Friday’s episode.

Got all that? Great, let’s speak about what we reviewed today:

Chinese stocks were up, Ant is going public in both Hong Kong and Shanghai and eBay is looking to unload its classified ads system for $8 billion.
The efforts to make TikTok appear apolitical are struggling after its moms and dad company does something extremely political.
Xpeng, a Chinese EV business, included $500 million to its Series C round.
Showing Up: TechCrunch Early Stage, which is going to rule, and a host of earnings arise from business like Microsoft, Snap and Intel, to name a few.
Funding rounds from Vestr, Mori, Soterea and Burn To Offer. More notes on the Vestr round here, Mori here, Soterea here, and Burn To Give here.

And we closed the program with a short thought-bubble on manias. What constitutes a bubble? I don’t understand specifically, but the electrical car (EV) industry has actually certainly seen its fair share of ups and downs. China’s EV market has seen its booms and busts, with the IPO of Nio operating as a fine example of interest (its IPO), declining faith (its later cratering share cost) and the renewal of optimism (its recent return-to-form) in its industry.

Xpeng’s substantial brand-new Series C round and the big valuation that Tesla has managed as a public company in recent months add currency to the concept that the EV market has as soon as again swung towards excessive optimism. We’ll see.