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Aug 28, 2023 · Chinese electric vehicle maker XPeng and ride-hailing giant DiDi announced a new strategic partnership this week to collaborate on intelligent and shared electric mobility solutions. As part of the partnership, XPeng will launch a new EV brand in 2024, with the first model codenamed “MONA.” DiDi will provide support across areas like intelligent driving tech, cabins, …
Aug 28, 2023 · A new brand for the mass-market segment As part of the deal, Xpeng will launch an A-class model next year under a new brand, currently called MONA, aiming to expand in the mass-market segment with the car to be priced in the $20,000 price tier. The new brand will leverage Didi’s smart EV unit’s technology and experience in developing customized vehicles for mobility …
May 21, 2025 · The Mona lineup stems from Xpeng's 2023 acquisition of the smart car development business assets of ride-hailing giant Didi. The company had originally planned to set up Mona as a standalone brand, but later changed its mind and made it a lineup under the Xpeng brand.
Aug 28, 2023 · The brand’s first model will arrive in 2024 as an “A-class Smart EV.” The company noted it will be “differentiated from Xpeng-branded products” and benefit from DiDi’s mobility ecosystem.
Aug 28, 2023 · The launch of MONA and its rapid scaling are paramount for Xpeng. This partnership positions Xpeng as the first automaker to receive comprehensive support from Didi’s ecosystem, enabling joint exploration in areas such as vehicle operations, brand marketing, financial services, charging infrastructure, Robotaxi services, and international ...
May 6, 2025 · XPeng Motors has brought out the first model under its new brand Mona, which stands for Made of New Artificial Intelligence, with the cheapest of three versions starting at a record-low price for the Chinese new energy vehicle startup.
Aug 29, 2023 · The maiden offering of the Mona initiative will take the form of an A-class intelligent electric vehicle, slated for launch in 2024. It is imperative to note that this novel model and brand will maintain clear differentiation from the existing Xpeng-branded products and the core brand, as elucidated by the company.
Aug 28, 2023 · The new model and brand will distinguish itself from the conventional XPENG-branded products. DiDi will offer its comprehensive mobility ecosystem support to the “MONA” project as part of the collaboration, granting access to …
Aug 28, 2023 · Xpeng will buy assets and R&D from Didi’s smart electric vehicle project, Da Vinci, to develop a smart, compact EV, code-named Mona, in an effort to make smart driving more popular in mid-end market. Mass production is expected in 2024, and the market positioning will be around 150,000 yuan (20,500 USD). The Xpeng-badged cars have over 200k yuan price tag.
Aug 19, 2024 · According to the agreement, Xpeng will pay the acquisition price to Didi in stages. Reaching the SOP milestone means that Xpeng has issued and distributed 4,636,447 Class A common shares to Didi as part of the consideration, representing approximately 0.24% of the company's expanded share capital. The SOP delivery procedures were completed on August 13, …
Aug 28, 2023 · Didi’s contribution to the Mona project will extend to leveraging its expansive mobility ecosystem to support this endeavour. By tapping into Didi’s widespread shared mobility market, Xpeng is positioned to actualise the creation of an accessible smart EV model catering to the mass market, with a price point set at RMB 150,000.
Aug 28, 2023 · The new brand model will have a differentiated positioning from XPeng’s existing brand products. At the same time, Didi will open up its full ecosystem empowerment for XPeng Motors for the first time, providing strong support in multiple dimensions such as intelligent cockpit, intelligent driving, and shared mobility market for “MONA”.
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