Mona M03 to deliver 50,000th car
$XPENG-W (09868.HK)$ He Xiao Peng announced that MONA will be delivering its 50,000th car in the coming week about a week after revealing that it had delivered 40,000th M03 on 16 Dec. MONA has also received accolades for one of the cars of the year in China. Production capacity seems to have ramped up successfully for MONA at 4K/week. P7+ is also ramping faster due to the battery supplier’s increased production. Likely to top the delivery guidance for Q4 at the higher end.
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Value investing, looking at mid term returns. Interest mainly in Tech sectors.
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