Xpeng M03 is the first EV under the brand’s MONA series

Xpeng, the Chinese EV brand that will soon enter the Malaysian market, has introduced its first model under the MONA series, the M03.

MONA is a series that stands for ‘Made Of New AI’ and it will reportedly focus on new technology and intelligent driving.

According to CarNewsChina, the M03 was developed by Xpeng in cooperation with Chinese ride-hailing firm Didi. Xpeng is responsible for the supply chain and manufacturing, while Didi is tasked to come up with the design and sales operation.

In a previous interview, Xpeng’s chairman, He Xiaopeng, indicated that the M03 will be built on the Fuyao platform. This means it will also come with the Xpeng Navigation Guided Pilot (XNGP) system and the X-EEA 3.0 electrical architecture.

The battery will be supplied by BYD, with a promised range of over 500 km based on the CLTC cycle.

Like the P7, the M03 will be assembled at Xpeng’s factory in Guangdong. It is expected to be officially introduced in June and will enter the market in the third quarter of this year at a price below 200,000 yuan (RM130,385).