XPENG launches MONA M03 electric vehicle

XPeng launched the MONA M03, its intelligent, all-electric hatchback coupe, featuring three versions priced between RMB 119,800 and 155,800 with deliveries beginning in September. MONA’s launch was officially announced at XPENG’s 10th Anniversary Gala, where the Company also revealed its inaugural in-house developed chip, the XPENG Turing. Named after computing pioneer Alan Mathison Turing, this cutting-edge innovation embodies XPENG’s relentless commitment to intelligent technology R&D over the last decade. Following its successful tape-out on August 23, XPENG Turing became the world’s first 40-core chip tailored for AI models and the first chip designed to empower AI-defined cars, AI robots and eVOTLs. Additionally, the Company introduced its Lateral Overflow Integration Capacitor or LOFIC-based AI Hawkeye Visual Solution, which will debut on the XPENG P7+ in the fourth quarter of 2024.