XPENG-W + DiDi: Annual sales of new car MONA to reach at least 100,000, discussion underway for the second model!

After the official announcement and DiDi cooperation, the XPENG-W Hong Kong stock price rose 14%! ! Earlier, DiDi's official microblog said that DiDi would sell assets and research and development capabilities related to the smart electric vehicle project to XPENG-W. Based on this, XPENG-W will build a Class A smart electric vehicle, project code "MONA", as the first product of its new brand. This model has a differentiated advantage with XPENG-W existing brands. It is expected to be mass-produced and launched by XPENG-W in 2024. market. Later, according to Sina science and technology reports, XPENG-W chairman he XPENG-W said at the communication meeting that the **MONA model is the beginning of the second or even the third brand in XPENG-W, and the brand will give priority to 2C and give consideration to 2B. **** MONA models have a small number of SKUs for shared travel, and the most important SKU is to create high-grade unmanned driving. Through cooperation with DiDi, we will create 150000-level explosions. NGP (Intelligent Assisted Driving) will also be introduced for models at this price. **** He XPENG-W said that he is very optimistic about the sales competitiveness of this product. At least the annual sales volume is more than 100000, which is expected to be much higher than this figure. * * ## What else did XPENG-W say about cooperation and MONA? According to garage 42 of the new energy vehicle platform community, XPENG-W has the following incremental information about this cooperation with DiDi:> -in the cooperation with DiDi, DiDi already has a very high degree of completion of the model, which has been invested into billions in the early stage.>> -In addition to models, XPENG-W has also won some assets such as research and development tests, and some DiDi's car research and development teams have also joined the XPENG-W.>> -Strategic cooperation between the two sides, XPENG-W will receive full support from DiDi.>> -For this cooperation, XPENG-W paid 3.25 per cent of the listed shares.>> -If the annual sales volume exceeds 100000 for two consecutive years, there will be additional equity consideration and DiDi will be able to hold up to 5%.! ### XPENG-W:MONA will use the soaring structure and is discussing the second car_the following is not Zheng Xiaokang's incomplete record of his interview with XPENG-W He and XPENG-W Vice Chairman Brian Gu. The source is my microblog:_ -The premise of cooperation is that DiDi has a very attractive product that has been developed. Billions of RMB have been invested in the development in the early stage, which is a very attractive asset. All personnel teams, research and development, and testing equipment will also join the XPENG-W team. The consideration paid in advance is 3.25 percent of the XPENG-W's shares. After reaching the gambling target, DiDi's highest share ratio can be increased to 5%. -How to apply intelligent technology to all users on a large scale to achieve universal benefits of science and technology and equal rights of intelligence is our common vision with DiDi, the world's largest travel platform. -We will introduce XNGP at this level. I said two years ago that no one can do 150000 level to do intelligence well and make profits. Through cooperation with DiDi, * * we believe that we can do a good job in the 150000-level market * *, we will do both the B- side and the C- side. In fact, MONA is the beginning of our second or even third platform, including some actions related to brands and channels. -There will be different SKU on MONA platform, some will travel, others will play high-level intelligent auxiliary driving. - MONA will use the elements of the soaring architecture, including XNGP. We will complete mass production research and development and some sales, XPENG-W covering 2C areas. DiDi will also have some actions of its own. The specific channels and brand strategies will be shared with you later. The product competitiveness of this car is far higher than that of other existing models of the same class. I have high confidence. I think the minimum is 100000 vehicles per year. My expectation is far more than this number. - MONA We think it is 2C-based and 2B-based. We think A- class cars need a very large scale to truly achieve cost competitiveness. Both DiDi and Volkswagen are planning based on XPENG-W. We hope to use technology to do large-scale strategies, which is a part of XPENG-W grand strategy. -The new brand, channel and sales strategy will be shared with you later. In addition to MONA, we have other brands in the layout. * * Our bet with DiDi is based on the DiDi platform that can reach more than 100000 vehicles. If it reaches more than 180000 vehicles for two consecutive years, we can get 5% of the shares. **- MONA Travel Edition will operate on the DiDi platform. Under the premise of data compliance, we will use some necessary data to support our operation. -The cost of high-level intelligent driving is very high in 2-3 years, and we are confident that the cost will be reduced through technological innovation in the next 1-2 years. Our collaboration with DiDi + rocking architecture will bring XPENG-W XNGP to a wider range of users in 2024 and beyond. - MONA will fully use XPENG-W electronic and XNGP, and the specific rhythm will be shared next year. - * * This is the first time DiDi has fully opened Ta's ecosystem for cooperation, such as market resources, charging network, including finance and insurance, and Robotaxi operation, which are very valuable to us. * * -All of our cooperation will set up a project team. Our cooperation with Volkswagen DiDi follows the XPENG-W strategic and technical framework. We judge that our investment is controllable and will obtain greater value than expected. - MONA will manufacture in XPENG-W existing factories. We have already considered the supply chain, manufacturing and production capacity. We only need to simply expand the production capacity and make some combinations. -For XPENG-W, the most important way to reduce costs is through technological innovation. In the field of complete vehicles, it is basically the path to follow other brands, including cost control of supply chain, scale, etc. We are also learning from the public to think. The third is the scale of DiDi. Therefore, innovation, lean management and scale related to supply chain, thank you. - P5 is a model of XPENG-W brand, which is very different from MONA. The customers are completely different. Software is very important to scale and data, and hardware is completely different. We think we are on the right path today. We think other brands will follow our strategy today. - DiDi may work with other companies in the future, but we are the first company to get comprehensive resources. - We are indeed discussing the second car of MONA and more possibilities, and we will push it to more markets in the future.