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Xpeng CEO calls out auto industry for neglecting technology innovation


Xpeng Chairman He Xiaopeng recently unveiled the new Xpeng MONA M03 in a live-streamed global debut on July 3rd. During the event, He shared his concerns about the automotive industry’s focus on business and marketing over true technological innovation. Despite the industry’s lack of innovation, Xpeng has been dedicated to pushing technological advancements for over a decade.

He emphasized the importance of balancing learning from others with a commitment to deep technological innovation and expressed his hope that Xpeng would continue to bring more innovations to the market in the next decade. The Mona M03, a compact pure electric vehicle, was a significant focus during the event.

The Mona M03 underwent extensive wind tunnel tests to optimize its aerodynamics, resulting in a claimed 60 km range increase. The vehicle will offer a choice between 140 kW and 160 kW electric motors, with a top speed of 155 km/h. It will also feature BYD blade lithium iron phosphate batteries available in versions with a range of either 515 km or 620 km.

Xpeng announced that the Mona M03 would be priced under 200,000 yuan (approximately 27,400 USD) and the final price would be revealed during its official launch in August. He’s candid views on the automotive industry and Xpeng’s commitment to technological advancements make the Mona M03 an exciting addition to the electric vehicle market.

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Photo credit carnewschina.com

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