10:25 AM EDT, 08/27/2024 (MT Newswires) -- XPeng ( XPEV ) priced the MONA M03 electric hatchback coupe vehicle at $16,813, Reuters reported Tuesday.

The coupe is the first model under the Chinese EV maker's budget sub-brand MONA, the report said.

XPeng ( XPEV ) shares rose 2.3% in recent trading Tuesday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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