US Stock Market Move | Xpeng Group (XPEV.US) rises over 3%, MONA L03 new car debuts with high popularity.

On Monday, XPeng Inc. (XPEV.US) rose more than 3% to $13.52. In terms of news, XPeng Chairman and CEO He Xiaopeng announced on July 6 that the MONA L03's first showing in China just passed a weekend, with record high foot traffic in the first weekend of 2026. He also revealed in advance that starting on July 10, all stores nationwide will gradually open for test drives. He stated that the MONA L03 is developed to compete with cars in the 300,000 RMB price range, with the pre-sale versions equipped with advanced intelligent driving assistance. Data shows that XPeng Inc. delivered a total of 40,126 new cars in June, a year-on-year increase of 15.9%; with a cumulative delivery of 103,295 units in the second quarter. The XPeng GX welcomed its 10,000th vehicle off the production line on July 1, while the XPeng X9's global cumulative deliveries exceeded 60,000 units. The MONA series' first SUV, the XPeng MONA L03, had its first showing in China on July 2 and began pre-sales.