Xpeng CEO He Xiaopeng speaks to reporters at the electric carmaker's stand at the IAA auto show in Munich, Germany on September 8, 2025.
Xpeng plans to launch its mass-market Mona series in overseas markets next year in a move that will boost competition with its Chinese rivals and established automakers in the electric vehicle arena.
In a wide-ranging interview with CNBC on Tuesday, Xpeng CEO He Xiaopeng said the company's international expansion is moving faster than he expected and signaled, for the first time, that the company is open to acquiring other electric carmakers.
Xpeng launched the Mona series in China last year with the debut of the Mona M03 electric coupe. The car was launched with an aggressive starting price of 119,000 Chinese yuan, which is just under $17,000.
Xpeng will launch the Mona cars in Europe next year, He told CNBC. This is the first time the launch has been reported.
"In 2026 you can expect a variety of Mona products launched into the Chinese and European markets, as well as in rest of the world," He said, in comments translated by CNBC.
"I believe by then, what we launch will be very proven and very excellent vehicles."