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XPeng To Roll Out Affordable EVs for Around $20,000 Under Their New Mona Brand

China's XPeng is buying out Didi Global's Smart electric car division. The move would allow them to roll out a new, affordable brand of electri.

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China EV giant XPeng to buy Didi subsidiary

BEIJING: Chinese electric car giant XPeng said on Monday it would buy the EV subsidiary of ride-hailing platform Didi for more than $740 million and launch a new brand of vehicles.

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didi global: China s Xpeng to acquire Didi s smart EV unit in deal worth up to $744 million

As part of the deal, which could be worth as much as $744 million, Xpeng will launch an A-class model next year under a new brand, currently called MONA, aiming to expand in the mass-market segment.

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Xpeng Acquires DiDi Assets: Tesla rival Xpeng acquires Chinese giant DiDi s smart EV assets for USD 744 million

News News: In a bid to challenge Tesla's dominance, ride hailing giant Didi Global on Monday sold its smart EV assets to electric vehicle company Xpeng for nearl

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China s Xpeng Pops After Plotting Mona NEV Brand via USD744 Million Didi Purchase

China s Xpeng Pops After Plotting Mona NEV Brand via USD744 Million Didi Purchase
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