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Pathikrit Bose

Dear XPeng Stock Fans, Mark Your Calendars for July 2

Xpeng XPEV Mona China Nvidia

While the market's excitement around the launch of the American Depository Receipt, or ADR, for memory chip major SK Hynix is palpable, developments around another ADR already trading certainly deserve attention. Chinese EV maker, XPeng (XPEV), revealed that it will be expanding its popular MONA sub-brand with its first SUV: the MONA L03. To be released in China today, its global launch will be later this month.

Shares of XPeng ended 3% higher on the news, coming as a welcome break after a tough 2026 so far.

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