Quick summary
- According to the leak, the new one has a round headlight with a turn signal, a bigger seat, a new rear shock with a spring, a full-length throttle, a dashboard with NFC and a gearless motor.
- Mangostin hasn't announced anything yet: these are leaked photos and videos, so everything may change before it arrives.
- There is no official price or date for Brazil. The information that came with the photos mentions R$ 800 to R$ 1,000 more than the current one.
- Today's FT03: 1,000 W, an 874 Wh battery hidden in the frame, an aluminum frame, a 120 kg load and a geared motor.
- Anyone who needs the bike now, for work, should buy the current one: waiting has a cost.
A video came out from inside the Mangostin factory with the assembly line full of FT03s and photos of the new version. Luan shows what changes, what is already official, the price estimates and the arrival in Brazil, and at the end says whether to buy now, wait or sell yours.
What leaked
The leak came from two places: a video inside the factory and studio photos of the new version at Mangostin's official store in São Paulo. The seat changes, bigger, along with the headlight and tail light with turn signals, the throttle and handlebar controls, the dashboard with NFC and the rear shock. The frame, the 20x4 tire and the front shock stay the same. A gearless motor eliminates maintenance of the internal parts, but the punch off the line still needs testing.
What today's FT03 delivers
1,000 W motor, an 874 Wh battery hidden in the frame and removable, an aluminum frame, wide 20-inch tire and hydraulic brakes. The listing says 70 km, and by the math and owners' reports the estimate is 45 to 50 km. It leaves locked at 32 km/h and, according to owners, reaches about 50 km/h unlocked, which can change the legal classification and affect the warranty. Watch out for three points: it carries 120 kg, not 150, the seat is short for a passenger and there are complaints about loss of power linked to the controller and slow service.
Price and date
In the October 8 research, the yellow one was available from R$ 5,928, and the black one didn't show up in the listings checked. Mangostin's own listing once charged almost R$ 9,000 and, overnight, dropped more than R$ 2,000, to about R$ 6,790. There is no official statement, so it could be a stock clearance or just a promotion. For the new one, Luan's estimate is R$ 8k to R$ 9k at full price and about R$ 7k on promotion, arriving in late 2026 or early 2027, but he makes clear it's only a guess.
Buy now, wait or sell?
If you need the bike for work, buying now avoids paying for fares and gas while you wait. If you take a lot of hills, it's worth comparing power before swapping, because the current one has a geared motor and the new one hasn't been tested. If what caught your attention was the turn signals, seat for two and NFC, that already exists on the V9 Max, which has a smaller battery and a steel frame. If you can wait and want the complete package with a bigger battery, the new one makes sense, but be ready to pay more.
And the black color and resale
Luan's tip for anyone who wants the black one is to buy the yellow one and paint or wrap it for about R$ 500, leaving the bike at about R$ 6,400, asking the seller first whether touching the paint affects the warranty. For those who already own one, he wouldn't count on the used one appreciating, because a new version may push the old one's price down, and turn signals, a bigger seat and a headlight can be added to the current one.
Conclusion
Need one now: buy today's and, if you don't like the yellow, paint it. Want turn signals and a seat for two: look at the V9 Max. Can wait and want a bigger battery: wait for the new one, ready to pay more.
Frequently asked questions
When does the new FT03 arrive in Brazil?
There is no official date. Luan's guess is late 2026 or early 2027, but it's only a guess.
How much will the new FT03 cost?
No official price. The information that came with the photos mentions R$ 800 to R$ 1,000 more than the current one.
Is it worth buying the current FT03?
For people who need the bike now, yes. The new one has no date and waiting also has a cost.
Prices and opinions reflect the video on the recording date. Prices change all the time (all in Brazilian reais); always check the listing.
Panda FT03
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