Understanding xpeng delivers first Mona L03 SUVs in China, plans nationwide ramp-up in August
Deutsche Bank expects Mona L03 monthly deliveries to reach about 15,000 units in 2026, followed by full-year volume of around 150,000 in 2027.
Deutsche Bank expects Mona L03 monthly deliveries to reach about 15,000 units in 2026, followed by full-year volume of around 150,000 in 2027.
Chery began construction of the new Malaysian plant in February 2025, with an initial annual capacity of 100,000 vehicles.
Geely will build vehicles on an idle assembly line at Ford’s Almussafes plant near Valencia, which is currently running at less than a quarter of its capacity.
License issuance is gradually resuming in some cities after the completion of an industry-wide safety review in late June, according to Bloomberg.
Xpeng launched the X9, G9, G6 and P7+ in Bahrain, extending its overseas expansion into the Middle East’s Gulf region.
The joint venture is expected to begin operations in the first half of 2027, with the first new vehicle set to roll off the line in 2028.
The Freelander 8 will roll off the production line at the joint venture’s Changshu plant in Jiangsu on July 30, with pre-sales set to begin on August 10.
The current Seal 06 EV was launched in June 2025 with a starting price of 109,800 yuan ($16,170) and BYD’s LiDAR-free God’s Eye C driver-assistance system.
NEV retail penetration is expected to reach about 64.5% in July, rising further from June.
The Lynk & Co 07 GT secured more than 35,000 pre-orders in 24 days of pre-sales, with its launch coming as the brand’s sales continue to decline.