Xpeng X9 Upgrade & Mona M03 Boost: Zeekr Goes Private

Xpeng is electrifying the Chinese EV market with major updates to its X9 all-electric MPV and Mona M03 sedan, promising extended ranges up to 750 km and 640 km respectively, while Zeekr completes its merger with Geely Auto and delists from the NYSE on December 22, 2025. These developments underscore Xpeng's sales dominance in high-end MPVs and A-segment sedans, alongside Geely's strategic pivot to streamline its premium EV portfolio. Here's a deep dive into what these moves mean for the competitive landscape.

Xpeng X9 Updated BEV: Longer Range and AI Powerhouse

Xpeng's X9, already the top-selling high-end BEV and EREV MPV in China for November 2025, is getting a significant BEV refresh. Deliveries hit 3,234 units last month—a 161% surge—driven by the EREV variant's launch on November 20, which sold over 2,000 units in its first 10 days. It also leads BEV MPV sales in Thailand for three straight months.

Key upgrades include:

• Battery and Range: New 110 kWh ternary lithium packs from CALB-Tech deliver 710 km (FWD) and 750 km (AWD) CLTC range, up from the current 94.8/105 kWh packs offering 650-740 km.
• Powertrain: FWD retains 235 kW (315 hp)/450 Nm; AWD adds a 135 kW rear motor for 370 kW (496 hp) total.
• AI Tech: Three in-house Turing AI chips provide 2250 TOPS computing power—two for VLA AI driving assistance, one for VLM intelligent cockpit.
• Design Tweaks: Minor front/rear bumper updates, +23 mm length to 5,316 mm.

Pricing for current models: BEV 359,800-459,800 yuan ($51,100-$65,300 USD); EREV 309,800-329,800 yuan ($44,000-$46,800 USD).

Xpeng Mona M03 Refresh: 12 Range Options for Mass Market

The budget-friendly Mona M03, which surpassed 200,000 deliveries in 14 months since its August 2024 launch, is expanding its appeal as China's best-selling A-segment pure electric sedan. New filings reveal 12 CLTC range variants from 485-640 km using LFP batteries from EVE Energy.

Highlights:

• Battery Options: 51.8 kWh (485-540 km), 61.6 kWh (570-610 km), 62.2 kWh (625-640 km).
• Performance: 160 kW (215 hp) motor, 170 km/h top speed.
• Dimensions: 4,785/1,896/1,445 mm (L/W/H), 2,815 mm wheelbase (+5 mm length vs. current).
• Styling: Retained fastback design with updated bumpers and rear air vents; tires 215/50R18 or 235/40R19.

Current ranges: 502-620 km.

Zeekr's Geely Merger: Delisting from NYSE Signals Consolidation

In a bold restructuring move, Zeekr has fully merged with Geely Auto, becoming its wholly-owned subsidiary and requesting NYSE delisting of ADS effective December 22, 2025. This follows Geely's May 2025 privatization proposal and July merger agreement, allowing shareholders cash or Geely stock swaps.

Geely's "One Geely" strategy addresses brand cannibalization—e.g., Lynk & Co models overlapping Zeekr's premium EVs launched since 2021. Recent moves include Zeekr gaining 51% of Lynk & Co in November 2024, aiming for cost cuts, synergy, and innovation in China's EV boom.

Why This Matters: Global Implications for Chinese EVs

Xpeng's updates reinforce its edge in AI-driven MPVs and affordable sedans, challenging BYD and NIO in family and entry-level segments. Zeekr's privatization frees Geely to aggressively scale premium models like the 009 without public market pressures, potentially accelerating exports to Europe and Southeast Asia.

These shifts highlight China's EV consolidation: falling prices, range wars (750 km X9 rivals Tesla), and AI integration amid 2025's electrification surge.

Looking Ahead

Expect Xpeng X9 launches soon, Mona M03 by early 2026, and Zeekr's post-merger push with integrated Geely tech. Watch for price wars and export booms as Chinese EVs redefine global mobility.