<div id="readability-page-1"><blockquote><ul><li>The updated Mona M03 maintains its starting price of 119,800 yuan ($17,380) and features the Turing AI chip in higher-trim versions.</li><li>Xpeng aims to boost profit margins through hardware and software bundling.</li></ul></blockquote><figure id="attachment_138832"><img src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/04/2026040214261514.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1600" height="900" original-src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/04/2026040214261514.jpg"/><figcaption id="caption-attachment-138832">(2026 Xpeng Mona M03. Image credit: Xpeng)</figcaption></figure>Xpeng launched the updated Mona M03 electric sedan, upgrading configurations while keeping the starting price unchanged in hopes of further boosting the appeal of its best-selling model.The company officially introduced the 2026 Mona M03 — currently the only model in its Mona lineup — at an event on Thursday, with prices ranging from 119,800 yuan ($17,380) to 151,800 yuan.The 2026 Mona M03 is offered in six different configurations. The top-trim Ultra SE model is expected to begin customer deliveries in August 2026, while other versions will start deliveries soon. <div> Join us on Telegram or Google News </div>With the exception of two entry-level versions, the updated Mona M03 is equipped with Xpeng's in-house developed Turing AI chip, marking the first time the Chinese EV maker has brought high-computing-power smart driving chips to the sub-$20,000 market.Some versions are equipped with a single Turing AI chip offering 750 TOPS of computing power, while others feature two. This reflects the company's latest business strategy aimed at increasing per-vehicle profit margins through hardware and software bundling.<img src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/04/2026040214260275.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1600" height="900" original-src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/04/2026040214260275.jpg"/>The Mona M03 is currently the lowest-priced model in Xpeng's product matrix and its most important sales driver.The model delivered more than 175,000 units throughout 2025, accounting for nearly 41% of total deliveries.In the first two months of 2026, the sedan continued to top the delivery charts, contributing over 31% of total deliveries during the period. Delivery figures for the Mona M03 in March are not yet available.While maintaining the same battery pack capacity, the new car's maximum pure electric range has been increased from 620 kilometers previously to 640 kilometers.The chassis of the new sedan has been upgraded with adaptive damping shock absorbers to provide a more refined driving and riding experience.<img src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/04/2026040214260944.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1600" height="900" original-src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/04/2026040214260944.jpg"/>The vehicle's cockpit hardware has also seen significant upgrades, featuring the MT8676 cockpit chip and the all-new Tianji AIOS 6.0 system.Interior details have been refined, with the mobile phone wireless charging pad moved to the front and its power boosted to 50W.Introducing the Turing chip to its highest-volume, lower-priced model aligns with Xpeng's recent business model adjustments.This strategy is being advanced as Xpeng improves its financial situation, with the company achieving its first net profit in the fourth quarter of 2025.Xpeng expects its entire model lineup to complete the transition to its in-house developed Turing chips starting in the second quarter of this year.The company's management said during its March 23 earnings call that cumulative shipments of the Turing chip have exceeded 200,000 units. The company's chip shipment target for this year is to reach nearly 1 million units.<img src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/04/2026040214261766.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1600" height="900" original-src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/04/2026040214261766.jpg"/> <div> <div> <img width="768" height="432" src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/04/2026040108403325-768x432.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/04/2026040108403325-768x432.jpg"/> </div> <div> Xpeng Mar deliveries rebound sequentially despite year-on-year decline Xpeng delivered 27,415 vehicles in March, surging 80% from February but still down 17% year-on-year. </div> </div> ($1 = 6.8933 yuan) </div>

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Xpeng has launched the updated Mona M03 electric sedan, maintaining its starting price of 119,800 yuan ($17,380) while introducing the Turing AI chip in higher trims. The 2026 model features six configurations, with deliveries expected to begin soon. The updated sedan boasts an increased electric range of 640 kilometers and enhanced cockpit technology. This model is crucial for Xpeng, accounting for a significant portion of its sales. The company aims to improve profit margins through hardware and software bundling, having achieved its first net profit in Q4 2025.

- Xpeng has launched the updated Mona M03 electric sedan, maintaining its starting price at 119,800 yuan ($17,380) while introducing higher trims equipped with the Turing AI chip.  
- The 2026 model aims to increase profit margins through hardware and software bundling, as it delivered over 175,000 units in 2025, continuing to be a key sales driver in 2026.  
- Improvements include enhanced range from 620 to 640 kilometers and updates to the cockpit, aligning with Xpeng's strategy to transition its entire lineup to Turing chips by mid-2026.

Xpeng launches updated Mona M03 as it seeks to maintain sales momentum