Finance

The Rise of Xpeng: A Game-Changer in the Electric Car Industry

Xpeng, a Chinese electric car company, made headlines with the launch of its new mass-market Mona brand. The company introduced the Mona M03 electric coupe with prices as low as $16,812, significantly undercutting Tesla’s cheapest Model 3. This strategic move has garnered immense interest, with over 10,000 orders placed within 52 minutes of the car’s

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