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Xpeng L03 Launches in Europe at $40,740 to Fight for Market Share

Xpeng has priced its new L03 electric SUV-coupe in Europe starting at €34,990 (about $40,740), positioning it directly against the Tesla Model Y. The company says the aggressive pricing and fast-charging plus driver-assist tech are designed to help it win share across more than 60 markets as deliveries begin in the fourth quarter.

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John Lewis

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Xpeng L03 Launches in Europe at $40,740 to Fight for Market Share

Xpeng has launched the L03 in Europe with a starting price of €34,990 (about $40,740), aiming to undercut the Tesla Model Y and grab market share in the highest-volume EV segment. Orders open across more than 60 markets, with deliveries set for the fourth quarter. The entry trim in Germany is priced at €35,600 and offers a 58.3 kWh LFP battery and about 445 km WLTP range. Higher trims raise range and performance, while the car supports fast charging up to 236 kW

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