Xpeng Mona M03 Arriving to Maintain Xpeng’s Gross sales Streak Going

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Xpeng has seen its gross sales develop properly up to now a number of years, and a part of that comes from rolling out new, enticing fashions of various sorts repeatedly. You’ve received the P7 sedan, the shorter and extra reasonably priced P5 sedan, the G9 SUV, the G6 and G3 crossover, and the X9 minivan/MPV. Now, Xpeng is able to take its subsequent step ahead and it has began manufacturing of the M03. The announcement was made on Xpeng’s Weibo account.

The M03 has received to be my favourite Xpeng automobile now. That is the primary mannequin in a brand new Mona lineup from Xpeng. Deliveries are supposed to start by the top of the month. The mannequin was revealed nearly a month in the past, on July 3.

“The electrical automobile (EV) maker started accepting reservations for the Mona M03 at 10 am Beijing time on August 8, with prospects paying a RMB 99 ($13.80) deposit to obtain a RMB 3,000 low cost on the acquisition of the automobile,” CnEVPost writes.

Two single-motor variations of the M03 can be found, one with a 140 kW motor and one with a 160 kW motor. BYD’s FinDreams Battery is supplying the lithium-phosphate batteries.

However, most of all, it’s a scorching wanting liftgate!

Xpeng ought to have one other hit on its palms with the M03 in my view. And it’s a good time for it. Xpeng is on the again of a gross sales streak. The corporate has seen its gross sales develop for 5 straight months, not simply 12 months over 12 months, but additionally month over month. In June, Xpeng scored 11,145 gross sales. That introduced the full for the primary 7 months of 2024 to 63,173. Now, the gross sales may simply continue to grow anyway, however with the M03 arriving, that offers a big enhance that ought to assure continued gross sales development all through the remainder of the 12 months. That’s my thought, at the least. We’ll see what occurs. First, after all, Xpeng has to ramp up manufacturing of the M03, which may all the time be troublesome with a brand new mannequin, after which we’ve got to see what sort of peak and steady-state client demand there may be for the brand new electrical liftback.