The poster shows that the Xiaopeng Mona M03, which starts at no more than 135,900 yuan ($19,030), will be officially launched on August 27.。

The M03 is the first model in the Xiaopeng Motors (NYSE: XPEV) Mona series and will be the cheapest model for the Chinese electric vehicle (EV) manufacturer。

A poster released today shows that the starting price of the Xiaopeng Mona M03, which will not exceed 135,900 yuan (US $19,030), will be officially released on August 27.。

Earlier today, several Chinese automotive websites showed on their pages that the model guidance price for the Xiaopeng Mona M03 was RMB 135,900.。

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That would make the Mona M03 Xpeng the cheapest model, well below the company's flagship sedan, the P7i.。

Xiaopeng currently sells P5 sedan, P7i sedan, G6 SUV (sport utility vehicle), G9 SUV and X9 MPV (utility vehicle)。New sedan P7 + expected in fourth quarter。

Prior to the launch of the Mona M03, Xiaopeng's current cheapest model was the P5, with a starting price of RMB 156,900。

Flagship sedan P7i currently sells for 22.390,000 yuan, G6, G9, X9 are currently priced at 19.990,000 yuan, 26.390,000 yuan, 350,000 yuan.980,000 yuan。

The price of the Mona M03 will also be much lower than the price of the Tesla (NASDAQ: TSLA) Model 3 in China. The Tesla sedan is currently available in three models, starting at 231,900 yuan, 271,900 yuan and 335,900 yuan..

Xiaopeng electric car is 4,780 mm long, 1,896 mm wide, 1,445 mm high, and has a wheelbase of 2,815 mm。See regulatory filing on June 13。

For comparison, the length, width and height of the latest Tesla Model 3 are 4,720 mm, 1,848 mm and 1,442 mm, respectively, and the wheelbase is 2,875 mm。

He Xiaopeng, chairman and CEO of Xiaopeng Motors, said yesterday in a live video broadcast of the G6 series challenge that the company will officially launch the Mona M03 on August 27.。

Sir。He did not disclose more information about the Mona M03 launch, and according to CnEVPost, Xiaopeng will host the Mona M03 launch as well as the 10th anniversary celebration in the Chinese capital Beijing。

Mona M03 starts on July 3 and starts accepting bookings on August 8。On August 9, Mr. He revealed that the first batch of production cars of the Mona M03 had been rolled off the production line.。

Xiaopeng Motors has repeatedly stated that the Mona M03 will be priced below 200,000 yuan and has the strongest intelligent driving capabilities in the same class.。

($1 = RMB 7.1418)