Xpeng took the wraps off its new L03 in Munich, positioning the compact SUV as a direct competitor to the Tesla Model Y and other affordable electric vehicles. The company aims to redefine mobility-focused AI, using the event to showcase a shared technology stack for cars, robots, and flying cars that all run on the same World Foundation Model.
Undercutting the competition
At 4.65 metres long and starting at €35,600, the L03 is the brand’s smallest and most affordable model. Xpeng is targeting the high-volume price segment in Germany, and the math looks aggressive on paper. The starting price undercuts the Tesla Model Y (€39,990), the Hyundai Ioniq 5 (€41,900), and the Škoda Elroq (€37,390). Even the base version delivers 180kW of power, more than the 140kW offered by the entry-level Elroq and the 125kW of the Ioniq 5.
The vehicle is available in four fully electric variants, all equipped with LFP cells. The base version (RWD Standard Range) combines a 58.3kWh battery with 180kW and achieves a WLTP range of up to 445km. The RWD Long Range model uses a 71.2kWh battery, offering up to 520km of range, and is available from €38,600. For those seeking higher performance, there is an all-wheel-drive version with 285kW, which accelerates from 0 to 100km/h in 4.5 seconds. It is available from €41,600 (AWD Performance) or €46,600 (top-of-the-range ‘Ultra’ version). The top speed for all variants is 180km/h.
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Efficiency and charging specs
A detail highlighting the efficiency focus is that, with a drag coefficient (cW) of 0.228, the L03 is one of the most aerodynamic vehicles in its class—on par with the Model Y. The range-extender version, the Xpeng L03 REEV, will also be available from autumn starting at €38,600. It features a 37.25kWh battery and a 1.5-litre petrol engine as a generator, which is expected to enable a total range of up to 1000km.
Technically, the L03 excels in an area where affordable electric cars often compromise: charging. While Xpeng does not use the 800-volt architecture found in the larger G6, opting instead for a 400-volt architecture, it still achieves up to 236 kW charging power. This allows the battery to charge from 20 to 80 per cent in just 18 minutes. For a car priced under €40,000, this charging speed is a strong selling point, though it does not quite match the top 800-volt models like the G6, which charges from 10 to 80 percent in twelve minutes.
Autonomous driving and features
Xpeng remains true to its cockpit design, with three displays keeping the driver informed, including a 15.6-inch central screen and a 26.8-inch-wide head-up display. The real unique selling point lies in the top-of-the-range ‘Ultra’ model, which is equipped with two Turing chips, each delivering an AI computing power of up to 750 tera-operations per second. Based on this, the Next-Generation Pilot (NGP) runs on the Vision-Language-Action system VLA 2.0. This system combines camera and radar data with a language model and is designed to interpret traffic situations like a human driver.
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In Germany, however, the L03 still only offers Level 2+ partial automation. Xpeng has tied the transition towards higher levels of automation to a Europe-wide legal framework, which the company does not expect before 1 January 2027. Until then, the full range of functions remains a promise for the future. In terms of additional equipment, Xpeng is generous: heated and ventilated front seats, a panoramic roof, and the XOPERA sound system are all included as standard, along with seven airbags and more than 13 driver assistance systems grouped under the XPILOT label.
The company is aiming for a five-star Euro NCAP rating, though the official assessment is still pending. The configurator is now available online, and the first deliveries are scheduled to begin in the fourth quarter of 2026. Xpeng offers a seven-year or 160,000km warranty on the vehicle—and eight years on the battery.