Xpeng comes with electric cars of about € 20,000

Xpeng was only founded nine years ago, but it already has a fairly extensive model range. Xpeng now has five models in its range and two of them – the P7 and G9 – can also be ordered in the Netherlands. Xpeng’s entry-level model is currently the G3, a compact crossover of which the G3i facelifted version is also available in Norway, in addition to China. Xpeng does not currently sell electric cars at the lower end of the car market, but they will. At least, more or less. Xpeng will expand its portfolio in 2024 with a new sub-brand that it currently refers to as Mona. It is that new sub-brand that wants to sell electric cars from next year that fall “in the price range of RMB 150,000” in China. RMG 150,000 can be converted to €19,000.

Xpeng ‘Mona’ doesn’t come up all by itself. The brand buys the branch of the Chinese mobility company Didi that was involved in the development of cars. In 2024, Xpeng’s new A-segment sub-brand will release a model that it describes as a ‘Smart EV’ for the time being. Xpeng emphasizes that both the new brand and the new models will not be marketed as Xpeng and will therefore really have their own identity. The small electric cars of the new brand should at least benefit from Didi’s car-sharing network in China. Didi himself will become a shareholder in the brand, which is now called Mona, according to Xpeng. Xpeng and Didi also want to collaborate in other areas, including in the field of “[…] marketing, finance, insurance, charging technology, robotic taxis” and – perhaps more interestingly – “international market expansion”.

For the time being, Xpeng is not yet saying that the EVs of its new brand will also come to Europe, but given the brand’s drive to expand and the fact that it is already talking about expanding into other markets, it seems to suggest that the price-wise interesting electric cars will not last long. just stay in China.