Xpeng announces Mona: a sub-brand of lower priced electric vehicles

Xpeng Inc (NYSE: XPEV) is up 10% on Friday after announcing plans of launching a new sub-brand.  Xpeng’s Mona will launch in the coming months The electric vehicles company is calling the new brand “Mona” which is expected to go live over the next two to three months.  Xpeng will roll out new, lower-priced vehicles […]