Xpeng has previewed the 2026 version of its Mona M03 electric sedan, introducing its in-house developed Turing AI chip as the company pushes to expand advanced driving features into lower-priced vehicles.
He Xiaopeng said the updated Xpeng Mona M03 has already arrived at stores across China, marking the start of its market rollout.
The new model will be the first to feature Xpeng’s proprietary Turing AI chip, delivering up to 750 trillion operations per second (TOPS) of computing power. The chip is designed to support all-scenario assisted driving capabilities, bringing higher-level intelligent driving features to the sub-$20,000 segment.
The move reflects Xpeng’s strategy to improve profitability by integrating hardware and software more tightly in its best-selling model. By bundling its own chips with smart driving systems, the company aims to enhance value while maintaining competitive pricing.
The Mona M03 remains Xpeng’s most affordable model, currently starting at 119,800 yuan ($17,380) in China, and serves as a key volume driver for the company.
In 2025, the model delivered 175,689 units, accounting for about 40.9% of Xpeng’s total vehicle deliveries, underscoring its importance in the company’s product lineup.
The updated version signals Xpeng’s continued focus on scaling intelligent driving technologies across a broader range of vehicles as competition intensifies in China’s electric vehicle market.