Xpeng Mona M03 production vehicles will roll off the production line later this month, and the official launch is expected to be this month as well.

Xpeng (NYSE: XPEV) will start taking pre-orders for the M03, the first model in the Mona lineup, tomorrow, with the official launch expected later this month.

Xpeng's Mona M03 will be available for pre-order at 10:00 am Beijing time on August 8, the Chinese electric vehicle (EV) maker's chairman and CEO He Xiaopeng said today on Weibo.

Xpeng debuted the Mona M03 all-electric sedan on July 3, saying at the time that the official launch would be in August.

Since the Xpeng Mona M03's official debut, many people are hoping to reserve the model soon, Mr. He said on Weibo today.

The production cars of Xpeng Mona M03 will roll off the line later this month, Mr. He said, without revealing a specific launch date for the model.

($1 = RMB 7.1808)