Xpeng's New Budget EVs Challenge Tesla with Advanced Features

The MONA M03 series offers competitive pricing and autonomous driving technology, targeting young, budget-conscious consumers.

Xpeng's MONA M03 electric cars start at $16,800, significantly undercutting Tesla's Model 3 in China.
The series includes three models, with the top-tier version featuring advanced driver assistance systems.
The MONA M03 has garnered over 10,000 orders within the first hour of its launch.
The cars feature a heat-insulating skylight, adjustable interior, and large trunk space.
Xpeng aims to sell 100,000 units annually, focusing on affordability and smart technology.