14.09.2025 10:20
Chinese electric vehicle manufacturers made a significant impact at the IAA Mobility fair held in Germany this week. Despite the European Union's customs duties and established European car manufacturers, Chinese producers are showcasing their global expansion goals. Xpeng, one of these manufacturers, is preparing to sell its Mona series cars for $17,000 (700,000 TL).
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Germany hosted one of the world's largest auto shows, IAA Mobility, this week. The most notable development at the fair held in Munich was the strong presence of Chinese electric vehicle manufacturers.
CHINESE COMPANIES ARE STANDING OUT
As Europe opens its doors to new players in the electric vehicle market, which has long been led by Tesla, Chinese companies have stood out with aggressive sales and growth plans. Despite the European Union's customs duties, Chinese manufacturers showcased their global expansion goals with large booths.
MONA SERIES IS BEING LAUNCHED
Xpeng CEO He Xiaopeng stated that the company is growing faster than expected and announced that they will launch the Mona series aimed at the mass market in Europe in 2025. This model, which is sold for under approximately 17 thousand dollars (700 thousand TL) in China, could create significant price competition in the European market.
Another Chinese manufacturer, Guangzhou Automobile Group (GAC), has also set ambitious targets. GAC International President Wei Haigang announced that the company plans to sell approximately 3,000 vehicles in Europe this year and to increase this number to over 50,000 by 2027. The company also aims to bring the Aion V and Aion UT models to Europe.
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