Xpeng (NYSE: XPEV) is ready to formally launch the Max variant of its Mona M03 electrical sedan on Could 28, following its debut announcement. The Mona M03 Max goals to be the primary AI good coupe sedan tailor-made for youthful audiences, as highlighted in a current Weibo replace.
At present, present vehicles for the Mona M03 Max are displayed in Xpeng shops throughout 63 cities. The corporate beforehand launched the Mona M03 on August 27, 2024, providing three variants: the 515, 620, and 580 Max, with beginning costs starting from RMB 119,800 ($16,620) to RMB 155,800. Deliveries for the 2 extra inexpensive variants commenced on the finish of August 2024.
Notably, 90% of the sedan’s customers are beneath the age of 35. The Max variant is ready to incorporate Xpeng’s Turing AI assisted driving system, enhancing its good driving capabilities. This AI system can be featured in Xpeng’s premium fashions, such because the up to date G6 and G9 SUVs.
Furthermore, the Mona M03 Max will characteristic a complete model of the Tianji cockpit system, promising an improved consumer expertise, together with voice interplay. The Mona lineup emerged from Xpeng’s 2023 acquisition of the good automotive improvement belongings from ride-hailing large Didi, in the end transitioning from being a standalone model to a part of the Xpeng household.
Since its launch, the Mona M03 has been a major success, changing into Xpeng’s best-selling mannequin. In April alone, it delivered 14,210 autos, making up 40.55% of the corporate’s month-to-month deliveries. From January to April, whole Mona M03 deliveries reached 61,340, contributing to 47.53% of Xpeng’s deliveries throughout that interval.
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