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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. In his address, He expressed concerns about the lack of technological innovation in the automotive industry, with many players prioritizing business and marketing strategies over genuine progress. He emphasized the importance of balancing learning from others with deep technological innovation. The Mona M03, a compact pure electric vehicle, focuses on reducing aerodynamic drag to increase its range. It will offer a choice between 140 kW and 160 kW electric motors, with a top speed of 155 km/h and a range of either 515 km or 620 km. Xpeng announced that the Mona M03 will be priced under 200,000 yuan (approximately 27,400 USD), with the final price to be revealed in August during its official launch. He Xiaopeng hopes that Xpeng will continue to bring more innovations to the market in the next decade. The Xpeng MONA M03 is set to offer a unique combination of technological advancements and affordability, aiming to make a mark in the Chinese automotive market.

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