Xpeng (NYSE: XPEV) has delivered its 200,000th Mona M03 electric sedan, marking a milestone for its current main model.
The Chinese electric vehicle (EV) maker announced the milestone on Weibo today, 14 months after the sedan's market launch.
On October 29, the Mona M03 reached the milestone of 200,000 units produced.
The Mona lineup originated from Xpeng's August 2023 acquisition of ride-hailing giant Didi Global's EV business.
Xpeng initially positioned Mona as an independent brand but later shifted strategy, integrating it as a product lineup under the Xpeng brand.
The Mona M03 -- currently the sole model in the Mona series -- was launched in China on August 27, 2024, with a starting price of RMB 119,800 ($16,820), half the cost of Tesla's (NASDAQ: TSLA) Model 3.
The sedan delivered 14,546 units in September, marking its 13th consecutive month exceeding 10,000 units, according to data compiled by CnEVPost.
The Mona M03 is now Xpeng's top-selling model, accounting for 34.98 percent of the EV maker's 41,581 September deliveries.
From January to September, the Mona M03 delivered 131,989 units, accounting for 42.14 percent of Xpeng's total deliveries during the period.
Xpeng delivered 42,013 vehicles in October, marking its fourth consecutive month of record-high deliveries. Model-specific delivery breakdowns for October are not yet available.
($1 = RMB 7.1227)
