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2026-04-04 07:54:14
He Xiaopeng stated that the company will not venture into the sub-100,000 yuan car market, believing that while this market has a certain scale, its value is limited. He mentioned that the MONA, launched in April, is the company's first model in the second quarter, marking a turning point for XPeng Motors from pursuing scale to high-quality development. He Xiaopeng emphasized that XPeng will not launch models priced below 100,000 yuan. "The 2026 MONA shows a significant profit increase compared to the 2025 MONA, which reflects a crucial capability of XPeng Motors: continuous optimization of vehicle quality while striving for higher gross margins. Manufacturing low-priced, low-profit cars has limited actual value. Therefore, as you can see, in the automotive field, XPeng will not touch the sub-100,000 yuan market, even though this market has scale, we believe its inherent value is small."
