On June 29, XPeng rose 5.09% in regular trading, trading at $12.71/share, with turnover of $39.07 million. The stock outperformed among Chinese ADRs, which broadly advanced during the session.
On the news front, XPeng officially announced its new intelligent pure-electric SUV, MONA L03, will hold its China debut on July 2 in Beijing, with physical vehicles arriving at dealerships nationwide starting July 1. The MONA L03, positioned as a smart fashion SUV for young consumers, features over 72% soft-wrap cabin coverage, dual-layer silver-coated panoramic roof, and 23 expansion ports. Body dimensions reach 4650/4672mm in length, 1920mm in width, with a 2850mm wheelbase, offering both BEV and extended-range powertrains at a price point below RMB 300,000.
Simultaneously, XPeng released its X-Mind technical paper detailing how world model future-prediction capabilities are being integrated into the second-generation VLA autonomous driving model, reinforcing the company's AI-driven technology leadership. Within the Automobile Manufacturers sector, Rivian rose 7.91%, Tesla rose 4.79%, Ferrari rose 1.0%, while General Motors fell 0.13% and Ford fell 0.32%.
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