Good evening everyone. I'm Xiaopeng. Welcome to the 2026 XPeng MONA launch party for the all-new M03.
Today is a spring night, a day of blooming flowers. I believe many friends, including myself, love spring. It's a time of youth, of being outdoors, of feeling young and energetic.
Today we are in Guangzhou, at XPeng headquarters, in our park. As everyone knows, Guangzhou is the City of Flowers. Spring comes early here, and many flowers have already bloomed, making it perfect for the outdoors.
But spring also brings light rain. Even with the recent continuous drizzle, our team insisted on holding a unique, open-air lawn launch event. So I'm especially grateful to every friend here at the venue and to our online audience. We are MONA, let's MONA! Let's enjoy a different kind of party.
Why did we want to host a launch party as special as spring? Because MONA represents youth, vitality, and high style. Every time I attend a MONA event, I see many friends and owners who I believe have an extremely young mindset, just like all of you, right?
Being with you makes me feel... you know, I think you should always be with young people. Because you can absorb their youthful energy, and it makes you feel younger. So I'm very happy.
XPeng's MONA product and technical teams are actually just like our owners. They are a very young product and tech team. I believe this group of dreamers and passionate product managers and engineers, together with this group of young, stylish owners, have created the completely different XPeng MONA M03.
In 2025, and actually in 2024, from the first few months of the MONA launch, we have been number one in sales for pure electric A-class sedans. It's the most popular pure electric sedan among young people.
Why has MONA been so successful for the past year or so? I believe a very important reason is that you can always trust the choices of young people. Because it's the collective choice of so many young, new-generation friends here and online. You have great taste, understand specs, and care about experience and intelligence. So the collective choice of many young friends results in the most reliable product.
I believe in the 150,000 RMB price range, and even in the entire 200,000 RMB range, if you want to choose a pure electric sedan, MONA is always the most correct choice, right?
Let's look at the past year. MONA holds a 40.6% market share in the pure electric sedan category. Some might ask how high that is. It's actually equivalent to the combined share of the second, third, fourth, and fifth place competitors. That means for every five A-class pure electric sedans sold, two are MONA. I want to thank all MONA owners for making our MONA the best and number one.
How did we achieve this? Because I believe MONA is a hexagonal warrior. It excels in many areas through technological democratization. It has the best styling, largest space, ultra-long range, and best intelligent driving assistance in the 150,000 RMB class. By combining all these strengths, we achieved such great results and gathered so many outstanding MONA owners today.
Let's look at our MONA owner profile. It's very interesting. Most MONA owners are young. 53% are under 30. There are many female drivers, reaching 49%. And an interesting number is that 8% of young MONA owners buy it for their parents to drive. And many parents, including mine, I believe, feel younger after driving a MONA.
Here are some posts from MONA owners online. One girl said, 'After buying a MONA, I can take my boyfriend for a drive by the sea.' Guys here, have you met a girlfriend like that? I think you need to work harder. Finding a good MONA female owner is very important. I'm also hoping for that opportunity.
Another friend said, 'After buying a MONA, I never have to squeeze onto the bus again.' After I graduated, to avoid the bus, I walked an extra 20 minutes every day for two years just to take the subway. I see many friends giving this kind of feedback. They all say MONA has changed their lifestyle and gives them a younger, happier mindset.
Today, 583 days after the first MONA launch, we welcome its first major upgrade: the 2026 MONA. We listened to feedback from our owners and young potential customers. Based on your lifestyles, habits, and needs, we've brought many upgrades and optimizations. Today, let's look at the all-new 2026 MONA.
I believe this all-new MONA is still an AI-intelligent pure electric hatchback coupe, just as young and stunning. Now, I'd like to invite you to watch a TVC and have one of our MONA owners talk about MONA.
Everyone, is Nana beautiful? Is MONA beautiful? Thank you, thank you. I'm very happy. After about a year, we meet again. To be honest, when I first heard you singing this song today, my first thought was, 'Has our sound system been upgraded again?' It's really great. But on another note, I know you have different music. That song was great, but a few days ago I also saw your other song, 'Too Smart.' I heard it's topping the charts. Can you share a bit about that?
Actually, XPeng's cars, we always hope to make them smart. While not 'too smart,' being smart is a very key point for XPeng. I also want to ask, over a year ago you became our MONA owner, and I heard you drive it often. How does it feel to drive?
Thank you. Over a year ago, I drove with Nana. To be honest, she was definitely a new driver then. But recently, when Nana drove our 2026 MONA, she got in, stepped on the accelerator, and activated NGP. It's completely different from over a year ago. I'm also very confident that our 2026 MONA, with its many upgrades, will truly become the car you like even more.
Actually, many people who listen to my presentations often feel that this tech geek talks for a long time without being understood. But last time, when Nana explained it, everyone understood. So today, let's have Nana take a break first. I'll speak first, and then Nana will come back. Let's see the difference between a tech product manager and an experience product manager. Let's watch a TVC to experience the all-new 2026 MONA.
The 2026 MONA we're bringing today, I believe, is solely for you, the young. We've made several very important upgrades. I think the three most important ones are: First, we've made many changes to refinement. We believe the exterior and interior have 30% more refinement. Second, we've included many features from the 200,000 RMB class. Third, in the second half of the year, our second-generation VLA distilled version will achieve a driving experience that surpasses the 500,000 RMB class. Let's share these three points one by one.
First, let's look at the 2026 MONA's exterior and interior. On top of its original stunning design, this upgrade includes a special color, Roland Purple. Purple is MONA's most suitable color. Previously, our Xingmu Purple was the most chosen color by XPeng MONA owners. This time, based on owner feedback, we've upgraded Xingmu Purple to Roland Purple, with better paint texture and richer color. Ouyang Nana also loves this color. She said it looks like the evening sky, very girly.
The second color is Avocado Green. To be honest, at first, many friends told me this green is visually very comfortable, harmonious, and durable. I thought it might be a grassy green. But when I saw Avocado Green, I thought, 'Wow, if I buy a 2026 MONA, I'd choose Avocado Green too.' And today, Ouyang Nana told me she likes it too. It's the first time I've seen a straight guy like this color. Nana described it as 'the freshness of a just-cut avocado.' In that instant, I was a bit dazed. You know what I thought? If I were to describe it, I'd say 'the freshness of a just-cut avocado' because I associate cutting an avocado with deliciousness, while she associates it with freshness. That's the difference between two product managers.
Today, I'm very happy to bring the 2026 MONA, including Roland Purple, Avocado Green, Weiyue Gray, Xinghan Beige, Dark Night Black, and Nebula White. These six colors are all very fresh, like the feeling of spring. In addition to these six colors, we've also brought the Sakura Pink theme package for those who pursue more individuality.
This package's paint is upgraded to the same BASF 2K clear coat as Rolls-Royce. The wheels are also exclusive 19-inch wheels, and there's exclusive interior stitching and Nappa leather seats. I believe every detail shows the uniqueness of this theme package.
Why is MONA so good-looking? The entire exterior is low, wide, with a large hatchback and a large body kit. For the 2026 model, we continue MONA's characteristics and have upgraded the paint process. We've increased the clear coat thickness, improving the gloss by 8%. The look in sunlight is approaching luxury car levels. Actually, you might not feel it just from pictures. I recommend you visit a nearby XPeng store to see the paint upgrade effect with your own eyes.
Next, the XPeng MONA M03 has also refreshed its full-body sporty body kit. We use a black piano-lacquer finish to lower the car's center of gravity, making it look sportier. The side lines are cleaner and sharper, making it more eye-catching on the road. At the same time, we've refreshed the wheels. As you know, most cars in this class have 16-17 inch wheels for better range. But XPeng's MONA comes standard with 18-inch wheels while still achieving great range and low energy consumption. This time, XPeng also offers 19-inch wheel designs for sporty enthusiasts, with two options: bright and black smoked, to further enhance your car's style.
The 2026 MONA continues MONA's ultra-large trunk and power tailgate features. This allows many of our owners to carry lots of fun things when attending youth markets or visiting parents and friends. Many people love opening the trunk and seeing it full of stuff.
Now, let's look at the most significant upgrade for the MONA M03: refinement. What are the features of the cabin and interior? First, the interior is fully upgraded. Basically, everything you can touch has been upgraded to soft-touch materials. The entire headliner is faux suede, and the wireless phone charging pad is also faux suede. A few years ago, it was hard to imagine a car in this class having a full soft-touch interior at this price point.
Second, besides touch, the new MONA's refinement has been comprehensively upgraded. As soon as you sit in this car, you'll notice many small details have been upgraded. For example, we've upgraded to metal-textured speakers using all-metal materials, which not only improves looks but also enhances sound quality by about 10%. We've changed the center console panel and switch buttons to UV-touch paint, significantly improving the premium feel. So the new MONA has three interior colors: Dawn Purple, which was the most popular interior color among female owners in the past, elegant and stylish with great character; Star Mist Gray, a versatile interior that suits any of the seven exterior colors; and a color I believe many male friends will like—it's calm and understated but not too deep, with a bit of a low-key, cool vibe. So we have three MONA interior colors. Welcome to visit our stores to experience them.
Besides interior color and detail adjustments, the seats are a key upgrade this time. They have longer seat cushions and thicker backrests. I test-drove it for several days, and my biggest feeling was that the backrest is incredibly comfortable—thick and warm. A true big sofa. The feeling when you sit in it is just different.
At the same time, this MONA is completely thinking about young people. How do we find more passion in music? So we've upgraded the entire car's audio configuration, including 20 independent speakers. The 2026 MONA has 20 speakers compared to the Tesla Model 3's top trim with 17. The total audio power exceeds 1 kilowatt. In a very quiet and comfortable electric car, you must have a good private concert hall. This time, we also considered that when listening to music, navigation announcements can interrupt the chorus, affecting the experience. So we added a headrest speaker for the driver only, making navigation more private without affecting other passengers. It's rare to have this feature in the 100,000 RMB class. I believe this is a very important and unique audio feature.
Besides great audio, what else is needed? Excellent sound insulation. I believe the car's sound insulation must be done well. So this time, XPeng's MONA adds dual-layer sound-insulating front door glass. And we've brought active noise cancellation technology, previously only in luxury cars, to MONA. So when you sit in the MONA M03, it's like wearing noise-canceling headphones. Wind, tire, and road noise are perfectly isolated. I believe this car will make you feel quiet and able to hear your favorite music.
Let's look at some data. You can see that at 60 km/h and 120 km/h, the MONA's interior noise level is significantly better than the Model 3. At the same time, we've also brought a great ambient lighting system to the MONA, with 256 colors and 100 levels. When you listen to music, it can also pulse with the rhythm, turning your cabin into a great concert hall. Do you like it?
Not only can the cabin become a concert hall, but often the outside can too. At XPeng's music festival a few days ago, we brought MONA and other XPeng cars. We saw that XPeng's external power output, including MONA, has reached 6 kilowatts. This is a brand-new upgrade. For friends who love outdoor music, camping, and picnics, I believe you must check out MONA. The 2026 MONA supports more outdoor equipment power supply. This is a very practical feature for travel users.
I believe MONA owners, many young friends, all yearn for adventure, exploration, and innovation. Many times, they hope to go far away to see different scenery. I believe MONA is a car that allows every one of us to explore the distance. Here, I want to share how to go further with the 2026 MONA's new capabilities. First, we've brought XPeng's self-developed hybrid silicon carbide flat-wire electric drive. This electric drive can achieve a peak efficiency of 95%. This means that without increasing the battery, the MONA M03's range has been increased. By how much? The entire vehicle's range is increased by 20-30 kilometers. Is that cool? So our MONA's entire series now has a range of up to 640 kilometers under CLTC conditions.
So, the new MONA will definitely let us go further. At the same time, what's the most concerned feature for new energy vehicle owners in winter? Increased energy consumption. A heat pump air conditioner is one of the most concerned features for many new energy vehicle owners in winter. So for the 2026 MONA, we've specially upgraded the heat pump air conditioner, reducing energy consumption by 50% when using the heater in winter, and increasing winter range by up to 30 kilometers. No more winter anxiety; you can use the heater with confidence.
With this energy management, our electric drive changes, our heat pump air conditioner, and our overall energy management adjustments, the 2026 XPeng MONA's energy consumption has reached a very, very good level. As everyone knows, the Tesla Model 3 has always been a benchmark for energy consumption in the sedan class, and many industry peers pay tribute to and compare with it. This time, we are very pleased to see that the MONA M03's energy consumption per 100 kilometers, whether under CLTC conditions or at 120 km/h highway conditions, surpasses the Model 3. We are very happy. XPeng's MONA M03's energy consumption has reached one of the best levels in the industry.
Besides range and energy consumption, this MONA also brings a very interesting feature: adaptive damping shock absorbers. What can it do? Simply put, when you turn or change lanes, the suspension can actively adjust. When driving on the highway, it provides tighter support, making it more comfortable. When driving on bumpy roads, it can soften the suspension to filter out road bumps and improve overall comfort. I believe the 2026 MONA will be better for both the driver and the family passengers.
At the same time, MONA is a very easy car to drive. It has a 5.3-meter turning radius, allowing many narrow roads to be turned around in one go. And the braking distance from 100 km/h is 35.63 meters, which is definitely an excellent level in its class. The shorter the braking distance in an emergency, the safer it is. Besides, this MONA brings many active safety features to this class. We can see that the 2026 MONA has 15 active safety configurations. Everyone knows safety is first. But car safety isn't just passive safety; active safety is often more important than passive safety. And good safety isn't just for luxury or high-end cars. I believe MONA has also democratized all this technology.
Here, I especially want to share two active safety features that the MONA does exceptionally well. The first is AES emergency steering avoidance. And our emergency steering avoidance can not only be done on normal roads but also on icy and snowy roads at 80 km/h, where we can actively avoid stationary vehicles ahead. Often, accidents happen because the driver can't react in time, so active AES is a very important capability. Now, I'd like to use a short video to show you the power of AES on ice and snow.
To be honest, I've participated in the AES test on ice and snow myself. Even though the car ahead is a paper box, in that split second, you're still scared. I almost grabbed the steering wheel several times to steer myself. Then, in the last half-second or so, it steers away. So I believe AES is a very important safety feature for high-speed, icy, and long-distance driving.
The second safety feature, we believe, is tire blowout stability. I've experienced a tire blowout myself. I remember driving just after getting off a highway at a toll booth. It was before the Spring Festival, and someone had scattered nails all over the road. I drove over them, and you realize that without tire blowout stability, you have to fight to hold the steering wheel, otherwise, you can't control the car. So full-scenario tire blowout stability is extremely important for safety in many situations, because safety isn't just about normal driving; it's about handling special situations. Let's watch a short video about the difficulty and challenges of tire blowout stability.
I believe only by bringing these better active safety features to all MONA owners can more people enjoy the fun of technology. Today, not only have we improved the car's style and refinement, and its comfort, but I believe the new MONA will also bring everyone new technological fun. Let me share the first one: in the 2026 MONA, we've brought the Tianji ALS 6.0 system to everyone. Many people say this system is really beautiful. We use the car's powerful perception capabilities to map real-world road, vehicle, and environmental information, including police cars, fire trucks, and ambulances, onto the digital world in the center of the screen. On the new MONA M03, we've brought a brand-new Yuguang UI design, with better interface colors and design.
Here, I especially want to share the full-domain super-sensing lane-level navigation. In this navigation, for example, if you're in XPeng's park, it's a full 3D navigation. Many details are well done. For example, when we often drive and there's a fork in the road, we don't know which way to go, especially if there are three forks or forks with vertical dimensions. At this time, our Tianji system will put a red X on the other forks, telling you not to take those roads and not to get lost. So it's very practical. I believe this is one of the changes in MONA's intelligent cockpit.
At the same time, today, we can see that over a year ago, we launched the MONA M03 Max. That was the first time globally that high-level intelligent driving assistance was brought to the 20,000 USD class. I remember clearly that at the beginning of last year, we were still discussing internally how many friends in the 150,000 RMB class needed high-level intelligent driving assistance. But at that time, we saw that the vast majority of users chose the Max version. Today, I want to share another piece of news: today, MONA will once again break industry conventions. We will raise the ceiling of intelligent driving in the 150,000 RMB class to an extreme level.
To what level? We are bringing 1500 TOPS of effective computing power to the 20,000 USD class. XPeng's MONA has two versions for high-level intelligent driving: our Max version with one Turing chip, and our Ultra SE version with two Turing chips, with effective computing power up to 1500 TOPS. I believe the second-generation VLA on the Ultra SE, as many friends already know, is absolutely the strongest in its class. It's a brand-new intelligent driving assistance system that has moved beyond the previous end-to-end small models or language models in the digital world. It's a new motion model facing the physical world. It's reassuring, smooth, and can be driven in all scenarios, efficient like an experienced driver. It has what we believe is the safest fusion perception capability in its class. And from another perspective, I think in the past, we completed the first upgrade. The most important thing this time is to solve the lower limit and short-board problems. But in the following versions, we will rapidly improve its long board, becoming the national intelligent driving that even moms love to drive. That's our goal.
Today, I want to share not just the second-generation VLA Ultra SE, but more about the Max version. Over the past period, many media friends and our owners have experienced the second-generation VLA and given very good reviews. Because in a while, we'll share our data behind the scenes. Recently, the VLA data has been extremely good. But many friends will ask, when will Max owners also be able to enjoy the distilled second-generation VLA? And how big is the difference between it and the Ultra SE or Ultra? Today, I want to share a few points. First, the Max version's driving capability will definitely not stop at today's level. Although it's already in the absolute first tier today, it will continue to evolve with the second-generation VLA model iterations. We are very confident that our Max distilled version will also continue to widen the gap with the current industry's Level 2 first tier, from parity to surpassing to absolute leadership.
From our current testing, the second-generation VLA distilled version on the Max also retains a very reassuring and smooth feeling. So the difference from the full version, from what we've seen so far, is that in many main functional scenarios, it's really very similar. It might mainly be slightly weaker in judgment and timeliness in a few more complex scenarios. But I want to say, I believe it's still a very leading level. I posed a soul-searching question to my internal product and technical teams. I said, 'XPeng's Max version has 500-750 TOPS of computing power. Is it possible in 2027 or later to achieve, or even surpass, today's Ultra SE version's capabilities?' We don't know, but we will definitely try. I believe with the brand-new physical world large model, the potential is very high. We will start pushing our second-generation VLA in the third quarter of this year. The current testing situation is very good. We hope our users are buying a car that isn't just similar to other current models' assisted driving. We hope it's a car with continuous high-level growth capability and continuous evolution. Do you want that?
Just now, I talked for a long time, and I feel the cheers weren't loud enough. I think the most important thing is that I'm too much of a tech geek. So today, I told Nana, 'Nana should be our product manager in the future to help us explain even the seemingly boring aspects, like what benefits intelligent driving brings.' So I once again welcome our owner and spokesperson, Ouyang Nana. Please welcome Nana to the stage.
Welcome, Nana. I think as soon as she comes on stage, the applause is much louder than for me. I think half of that applause should be for me.
