11:18 AM EDT, 05/28/2025 (MT Newswires) -- XPeng ( XPEV ) said Wednesday it launched the MONA M03 Max electric hatchback sedan in China at a $20,000 price point.

The EV is powered by dual Nvidia ( NVDA ) Orin-X chipsets and comes with the AI Turing smart driving system for element detection, including complex obstacles, according to a statement.

The electric sedan features the AI Tianji 5.7.0 smart cockpit, which offers new features powered by the company's self-developed large language model that enables faster response times, XPeng ( XPEV ) said.

The EV offers range options of up to 620 kilometers, the company said.

Shares were up 1% in recent trading.

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