Monocoque still has body panels. It's just that it's frame integrated with a chassis. This thing...it looks like it's just panels stuck together on a chassis. I hope there are some competent people working on this, but to my taste this sounds like a horrible idea. I can't wait to see crash test results.
I think that's one area they wouldn't have cut corners on. You can sell ugly cars, but it's getting harder to sell demonstrably unsafe ones, especially to the crowd this seems to be aimed at. I was mostly thinking of the repair costs of a more integrated design.
Looks like they are actually going to mass produce them, so we'll see crash tests soon enough.