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XPENG Redefines Mainstream EV Market with MONA M03 Max: World's Only AI-Powered Smart Driving at US$20,000

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XPENG (NYSE: XPEV) has launched the MONA M03 Max, an all-electric hatchback sedan priced at US$20,000, bringing advanced AI-powered driving features to the mainstream EV market. The vehicle features XPENG's self-developed AI Turing Smart Driving System, powered by dual NVIDIA Orin-X chipsets delivering 508 TOPS computing power. The M03 Max comes with premium features including a 15.6-inch center screen, 18 speakers, and driving ranges of up to 620 km. Since its initial M03 Pro launch in August 2024, XPENG has delivered 120,000 units as of May 2025, setting a new delivery speed record among Chinese EV startups. The model includes the upgraded AI Tianji System 5.7.0 with over 300 new features and voice command latency as low as 0.9 seconds.
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Positive

  • Record-breaking delivery pace with 120,000 units of MONA M03 delivered since September 2024
  • Advanced ADAS features at an unprecedented US$20,000 price point
  • Powerful dual NVIDIA Orin-X chipsets offering 508 TOPS (4x segment peers)
  • Impressive range options up to 620 km
  • AI Tianji 5.7.0 system with 300+ new features and 0.9-second voice command response

Negative

  • None.

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On the day this news was published, XPEV declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

  • XPENG launches MONA M03 Max, bringing city-level ADAS (Advanced Driver Assistance System) to the US$20,000 / RMB 150,000 price point – a bold step toward making intelligent driving truly accessible
  • XPENG's visual-based self-developed AI Turing Smart Driving is the only advanced ADAS available in the US$20,000 / RMB 150,000 price segment globally
  • With identical computing power and unified software architecture, XPENG successfully replicates its class-leading ADAS from its flagship models to MONA series, delivering best-in-class smart driving experience for all
  • "MONA" stands for Made of New AI, reflecting XPENG's mission to deliver next-gen AI technology to mainstream customers

XPENG MONA M03 Max

BEIJING, May 28, 2025 (GLOBE NEWSWIRE) -- XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese hi-tech car company, has officially launched the all electric hatchback sedan MONA M03 Max in China.

Since the debut of the MONA M03 Pro in August 2024 and the start of deliveries in September, the model has hit a major milestone: 120,000 units delivered as of May 2025 — achieving the fastest production pace among XPENG models and setting a new speed record among Chinese EV startups.

Priced in the US$20,000 / RMB 150,000 segment in China, the MONA M03 was awarded the 2024 Car of the Year by China's Xuanyuan Award.

With AI innovation as its driving force, the MONA M03 Max brings industry-leading intelligent driving capabilities to the mainstream market. Combining class-leading advanced ADAS, a premium smart cockpit, and high-end smart features typically found in vehicles priced over RMB 200,000, the MONA M03 Max challenges conventional expectations of A-class vehicles — and ushers in a new era of truly accessible, high-level intelligent driving.

XPENG Mona M03 Max — Launch Press Kit

Introducing MONA M03 Max: A-Class EV with Cutting-Edge AI Co-pilot

XPENG brings its industry-leading autonomous driving technology to the MONA series, delivering premium ADAS performance through identical computing power and unified software architecture - making cutting-edge smart driving accessible to all and achieving true technology democratization.

Now, equipped with XPENG’s fully self-developed AI Turing Smart Driving System, the M03 Max delivers high-level AI assisted driving with no added cost or subscriptions — making smart mobility truly accessible on all public roads in China.

Built for nationwide usability, the M03 Max is powered by a class-first dual NVIDIA Orin-X chipsets, offering 508 TOPS of computing power — four times that of segment peers — to support robust, real-time processing and safety redundancy.

The AI Turing Smart Driving System integrates perception, decision-making, and control into one unified architecture, enhanced by 27 high-precision sensors and class-leading ultra-HD Surround Reality (SR) Display with panorama updates of road conditions. It can accurately detect over 50 road elements, from traffic signs to complex obstacles.

The MONA M03 Max enables seamless Human-AI Co-pilot: the vehicle and driver share control intuitively, with no system disengagement during steering inputs. It also features class-leading smart parking functions — including tight-space parking and point-to-point assisted driving — with no route or scenario limitations.

XPENG MONA M03 Max Debuts AI Tianji 5.7.0 Smart Cockpit

The XPENG MONA M03 Max takes its intelligent cockpit to new heights with the debut of the upgraded AI Tianji System 5.7.0. Compared to the MONA M03 launched earlier in 2024, the new system adds over 300 new features. Empowered by XPENG's self-developed XGPT large language model, voice interaction becomes more seamless than ever — expanding scenario coverage by 30% and enabling voice control for over 90% of the vehicle's functions. This delivers an experience that outperforms even premium models priced above RMB 200,000.

Version 5.7.0 delivers ultra-fast response times, with average voice-command latency as low as 0.9 seconds — most commands execute in under a second.

The MONA M03 Max also boasts the largest display in its segment — a 15.6-inch center screen — paired with 18 speakers in a 7.1.4 surround-sound layout, creating a fully immersive "music cockpit" that sets a new benchmark in audio quality and in-cabin ambience for its class.

Premium-Level Features Above RMB 200,000: Comfort. Convenience. Range. All Upgraded.

The XPENG MONA M03 Max raises the bar with a host of premium-level upgrades — delivering a more personalized, comfortable, and practical driving experience typically found in vehicles well above its price class.

For enhanced comfort, the driver seat now features a tri-zone lumbar support system with a soothing massage function. The upgraded massage area is 30% larger than standard lumbar supports, providing noticeably improved back relief.

Design-wise, the side mirrors have been upgraded to a frameless, minimalist style — integrating heating, auto-folding, memory, and reverse tilt functions. A built-in blue indicator light for assisted driving strikes the perfect balance between form and function.

In terms of driving range, the MONA M03 Max continues to push boundaries. The Max variant offers two range options — 600 km and 502 km — while the Plus variant provides 620 km and 515 km versions. These diversified configurations ensure there’s a perfect fit for every type of user.

About XPENG
Founded in 2014, XPENG is a leading Chinese AI-driven mobility company that designs, develops, manufactures, and markets Smart EVs, catering to a growing base of tech-savvy consumers. With the rapid advancement of AI, XPENG aspires to become a global leader in AI mobility, with a mission to drive the Smart EV revolution through cutting-edge technology, shaping the future of mobility.

To enhance the customer experience, XPENG develops its full-stack advanced driver-assistance system (ADAS) technology and intelligent in-car operating system in-house, along with core vehicle systems such as the powertrain and electrical/electronic architecture (EEA). Headquartered in Guangzhou, China, XPENG also operates key offices in Beijing, Shanghai, Silicon Valley, and Amsterdam. Its Smart EVs are primarily manufactured at its facilities in Zhaoqing and Guangzhou, Guangdong province.

XPENG is listed at the New York Stock Exchange (NYSE: XPEV) and Hong Kong Exchange (HKEX: 9868).

For more information, please visit https://www.xpeng.com/.

Contacts:
For Media Enquiries:
XPENG PR Department
Email: pr@xiaopeng.com
Source: XPENG Motors

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/846357b4-0342-4e94-b0ea-e561e910b990


FAQ

What is the price of XPENG MONA M03 Max and what features does it offer?

The XPENG MONA M03 Max is priced at US$20,000/RMB 150,000 and offers AI-powered smart driving, dual NVIDIA Orin-X chipsets, a 15.6-inch center screen, 18-speaker sound system, and driving ranges up to 620 km.

How many XPENG MONA M03 units have been delivered since its launch?

XPENG has delivered 120,000 units of the MONA M03 since deliveries began in September 2024, achieving the fastest production pace among XPENG models.

What is the driving range of the XPENG MONA M03 Max?

The MONA M03 Max offers multiple range options: the Max variant provides 600 km and 502 km options, while the Plus variant offers 620 km and 515 km versions.

What AI features does the XPENG MONA M03 Max include?

It features the AI Turing Smart Driving System with 27 high-precision sensors, AI Tianji 5.7.0 smart cockpit system with XGPT language model, and voice control for over 90% of vehicle functions with 0.9-second response time.

How does XPENG MONA M03 Max's computing power compare to competitors?

The M03 Max features dual NVIDIA Orin-X chipsets delivering 508 TOPS of computing power, which is four times higher than segment peers.
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