XPEV - XPeng Debuts Mona Series With M03 With Official Launch in August: Report | Benzinga
In an event, XPeng Inc. (NYSE:XPEV) unveiled the M03, the inaugural model in its Mona series, an all-electric sedan aimed at boosting sales in the latter half of the year.
CnEV Post reported that He Xiaopeng, XPeng’s chairman and CEO, highlighted at the event that Mona’s inaugural model, the M03, pays homage to Tesla, Inc’s (NASDAQ:TSLA) Model 3 sedan.
XPeng announced that the Mona M03 will be priced below RMB200,000 ($27,500) and is scheduled for an official launch in August, the report read.