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Xpeng's new mid-size 'coupe' SUV has been confirmed in Thailand ahead of the L03's Australian launch.
Thanks to its imminent right-hand drive Thai launch, we now know some details of the the 2026 Xpeng L03 (called Mona L03 in China) we are likely to get.
The segment-treading SUV, which has a more 'coupe' shape than some SUVs it will likely rival.
MUNICH, August 20, 2026, 11:50 a.m. CEST — XPeng is aiming for overseas sales of its €35,600 L03 to increase 2.3 times compared with current levels, the company said.
XPeng’s latest L03 SUV offers a more affordable entry point for its push into Europe, while also increasing unit expectations ahead of earnings next week.
XPeng Inc. NYSE:XPEV is targeting approximately 90,000 registrations outside China for the year, with 11,557 reported in the first quarter. To achieve this goal, the company would need to register an additional 78,443 units, equivalent to 8,716 per month until December—2.3 times the average monthly figure from the first quarter.
Europe plays a key role in the strategy. In the first quarter, the region accounted for 68% of XPeng’s overseas registrations. Of the company’s 380 sales sites outside China, 290 are located in Europe.
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For a while, the pitch from China's electric brands was simple: undercut everyone. XPeng's new L03 shows how far that has moved on. Yes, it is cheap, opening at 35,600 euros across Europe, but it also brings long range, genuine performance versions and a range-extender option that answers the one question electric sceptics always ask. This is a budget car with a very grown-up spread of choices.
The L03 sits below the G6 as XPeng's entry model, an SUV coupe measuring 4.65 metres with a long 2,850 mm wheelbase and five seats. Europe gets four fully electric versions. The Standard Range rear-wheel-drive opens at 35,600 euros with a 58.3 kWh battery, 245 hp and up to 445 km of WLTP range. The Long Range RWD, at 38,600 euros, uses a 71.2 kWh battery for up to 520 km. Above them sit two dual-motor all-wheel-drive cars, the Performance at 41,600 euros and the Performance Ultra at 46,600 euros, with up to 382 hp. All can DC fast-charge from 10 to 80 percent in around 20 minutes.
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