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DiDi x XPeng (Mona EV project acquisition)

DiDi sold its autonomous driving technology unit and EV development project (codenamed Mona) to XPeng in exchange for 44 million worth of XPeng shares. The Mona M03 launched as an XPeng vehicle in August 2024.

investment · Concluded · operating

Track DiDi x XPeng (Mona EV project acquisition)

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1b5a0e39-ec8b-493c-a268-e2c79f41d1e0
Type
investment
Status
Concludedoperating
Announced
2023-08-24
3 years ago
Active for
3 years

Who’s involved

Didi Chuxinglicensor

[Didi Chuxing](/companies/didi-chuxing) is China's largest ride-hailing and mobility technology platform, headquartered in Beijing. Founded in 2012 by Cheng Wei, it operates taxi-hailing, private car, ridesharing, food delivery, and bike-sharing services across China, Latin America, Asia-Pacific, and Africa. Its autonomous driving division develops L4 robotaxi technology and has partnered with [Volvo Cars](/companies/volvo-cars) and GAC Group to build mass-production-ready self-driving vehicle platforms, while the company sold its EV development project (codenamed Mona) to [XPeng](/companies/xpeng) in 2023.

HQBeijing, Chinadidichuxing.com2 partnerships

Most-frequent partners

XPenglicensee

Chinese multinational electric vehicle manufacturer. Public company (NYSE: XPEV).. Stage: Public company listed on NYSE under ticker XPEV.

HQGuangzhou, Chinaxiaopeng.com2 partnerships

Most-frequent partners

Related partnerships

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Other partnerships of XPeng

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Sources (1)

  1. https://en.wikipedia.org/wiki/DiDi

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