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HomeTeslaXPeng debuts M03 in new MONA EV lineup, priced under $27,500

XPeng debuts M03 in new MONA EV lineup, priced under $27,500

Now we have discovered new particulars of XPeng’s new lineup of MONA EVs, starting with the flagship M03 mannequin. This new AI-centric BEV is promised to ship its class’s strongest sensible driving capabilities and can launch at a beginning worth under RMB 200,000 ($27,500).

XPeng first shared plans for a brand new sub-brand targeted on synthetic intelligence this previous March, promising mass-market EVs priced as little as $14,000. A month later, throughout the Beijing Auto Present, XPeng CEO He Xiaopeng shared that the model can be referred to as MONA, an acronym for “Product of New AI.”

In June, earlier than the MONA model’s official launch, we discovered its first mannequin can be an all-electric sedan referred to as the M03. It’s essential to notice that XPeng modified its verbiage throughout that announcement when discussing MONA, describing it as a brand new lineup of XPeng BEVs somewhat than its personal sub-brand.

As we speak, XPeng streamed a stay debut of the MONA M03 from China, the place we discovered extra particulars in regards to the preliminary mannequin earlier than its official launch subsequent month.

Supply: XPeng

MONA M03 will formally launch in China in August

XPeng shared particulars of the M03 through a stay stream, which was introduced on its new devoted Weibo web page for MONA. The MONA program is supported by a mobility ecosystem from ride-hailing specialist Didi World, whose EV enterprise was acquired by XPeng in 2023.

XPeng is hoping the MONA M03 will assist bolster BEV gross sales within the second half of 2024, and so is Didi World, as it’s entitled to fairness incentives primarily based on annual gross sales for the subsequent two years, per its settlement signed with XPeng final 12 months.

XPeng’s CEO didn’t expose any efficiency specs of the MONA M03 throughout the debut occasion however did state the brand new AI mannequin is “meant to present respect to Tesla’s Mannequin 3.” On its Weibo web page, XPeng has shared that the M03 has a drag coefficient of 0.194 Cd, hailing it because the world’s most aerodynamic all-electric hatchback sedan.

Filings with China’s Ministry of Trade and Info Know-how (MIIT) present that the MONA M03 can be out there in two single-motor variants, providing peak motor energy of 140 kW and 160 kW, respectively.

Lastly, Xiaopeng confirmed the primary XPeng MONA mannequin will begin at a worth under RMB 200,000 ($27,500). That’s a bit larger than the worth vary initially promised, however the M03 stays an ultra-affordable new mannequin, particularly if it options the sensible driving expertise XPeng is teasing.

We are going to be taught extra following the official launch of the MONA M03 in August.

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