Citi released a research report on September 5, stating that the order volume of Xpeng's MONA M03 is strong, with a cumulative total of 0.031 to 0.036 million orders in just 7 days since its launch. As a result, the bank has revised its annual sales forecasts for the group for 2024 to 2026 from the original 0.19 million, 0.277 million, and 0.33 million vehicles to 0.192 million, 0.297 million, and 0.38 million vehicles respectively. However, it has lowered the gross margin forecasts for 2025 and 2026 by 0.5 and 0.8 percentage points respectively, to 13.7% and 14.4%, to reflect the dilution of MONA's profit margin. Therefore, the bank expects the group's net loss for 2024 to 2026 to be 6.3 billion, 5.4 billion, and 380 million yuan. The bank stated that the order situation of MONA has improved the visibility of the group's sales, and has raised its H-share target price from 29.8 Hong Kong dollars to 34.6 Hong Kong dollars, maintaining a "neutral" rating.