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XPeng CEO tells CNBC plans to launch mass-market Mona brand outside China

In a wide-ranging interview, Xpeng (XPEV) CEO He Xiaopeng said the company’s international expansion is moving faster than he expected, stated that the company plans to launch its mass-market Mona brand in overseas markets next year and signaled that the company is open to acquiring other electric carmakers, reported CNBC’s Arjun Kharpal. Other companies that compete in the Chinese electric vehicle market and trade publicly in New York include Li Auto (LI) and Tesla (TSLA). Other publicly traded automakers include Ford (F), General Motors (GM), Honda (HMC), Lucid Group (LCID), Mercedes-Benz (MBGYY), Nissan (NSANY), Rivian (RIVN), Stellantis (STLA), Toyota (TM) and Volkswagen (VWAGY).

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