Xpeng

Xpeng reported revenues largely in line with expectations in the second quarter, with gross margin increasing sequentially for the fourth consecutive quarter and net loss narrowing slightly from the first quarter.

Li Auto had 10,700 insurance registrations last week, Xpeng 2,300, Zeekr 3,500, Leapmotor 5,300 and Aito 5,600.

The Xpeng Mona M03 will have a starting price of no more than RMB 135,900 ($19,050), according to a previous poster from the company.

The Xpeng Mona M03 will have a starting price of no more than RMB 135,900 ($19,030), and its official launch will take place on August 27, a poster shows.

Xpeng will launch the first model of its Mona lineup, the M03, on August 27, after already starting to take pre-orders earlier this month.

Li Auto had 11,100 insurance registrations last week, Zeekr 3,400, Leapmotor 5,400 and Aito 3,900.

A video shared by Xpeng's CEO shows that the company's AI robot can complete the entire process of booking the Mona M03, except for payment.

The first production vehicles for the Xpeng Mona M03 have rolled off the production line, with the official launch expected in late August.

Xpeng has reorganized its structure to focus on end-to-end AI large models in line with changes in the smart driving technology route, according to local media.

Xpeng Mona M03 production vehicles will roll off the production line later this month, and the official launch is expected to be this month as well.