Xpeng asks suppliers to boost capacity as Mona M03 orders exceed 2,000 units per day
Very good response to the Mona M03.
Xpeng is asking suppliers to boost capacity for the Tesla Model 3 competitor to help it improve delivery efficiency, saying in a letter that recent orders for the new model exceeded 2,000 units per day, local media 21Jingji reported today.
This is following 30,000 locked-in orders for the model within 48 hours of its launch, the report noted.
The brief report said nothing more, but according to a letter sent by Xpeng to suppliers circulating on social media seen by CnEVPost, the EV maker said the biggest challenge is the lengthening of the delivery cycle at a time when the Mona M03 is becoming a hot seller.
In order to deliver the vehicle to customers sooner, Xpeng has recently adjusted its production schedule and hopes that suppliers will respond favourably as well, according to the letter.
Xpeng will be launching new models or updates to existing models in each of the upcoming quarters, the EV maker said, adding that a solid and smooth supply chain is the cornerstone of the company's success.
Deliveries of the Mona M03's two lowest-priced variants have already begun, while deliveries of the highest-priced Max variant will start after the Chinese New Year holiday in late Jan to early Feb 2025.
The entry-level Mona M03 currently has a delivery wait time of 5-7 weeks, and the variant in the middle of the price range is 7-9 weeks, according to CnEVPost's monitoring.
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102158192 : 360 days payment who will supply you
Red Guppy 102158192 : XPeng really so bad? Payment term 1 year to the vendors?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
TWeiT : 2K per day is impressive. Launched on 27 Aug. after 48h firm orders 30K, 29Aug-10Sep 12days x2K/day =24K, So to date, 54K orders for M03. If can sustain this till end September, an additional 40K. It would have hit 100K easily. Now really depends on the delivery capacity and speed
bullrider_21 OP Red Guppy : Deliveries for Xpeng Mona M03 is much more than for Nio Onvo L60.