XPeng has announced pricing and launch specification for its coupe-style L03 mid-size SUV in Europe, ahead of a likely Aussie arrival.
The newcomer is offered initially as a battery-electric vehicle (BEV), with a Range Extender Electric Vehicle (REEV) version joining the line-up before the end of the year.
Given order books are already open in China (where the car is called Mona L03) and examples have been spotted testing in Australia, the L03 is a likely 2027 arrival here, the Chinese maker already confirming it will “be available in 64 countries and regions”.
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With customer deliveries scheduled to begin in the fourth quarter of this year and priced from €35,600 (~$58,250), the German L03 range consists of five models, two rear-wheel drive (RWD) single-motor BEVs, a pair of dual-motor all-wheel drive (AWD) electric variants and a single range-extender option.
It would likely be cheaper in Australia due to our close proximity to China and the existence of a free trade agreement.
The REEV version features a plug-in hybrid powertrain with the wheels driven exclusively by an electric motor, with a (70kW) 1.5-litre internal combustion engine (ICE) acting as a generator only to recharge the 37.3kWh LFP battery while driving. Claimed WLTP range is 1000km on a single tank of fuel and full battery charge, with a pure-electric range in excess of 200km.
The single-motor, RWD version of the BEV is claimed to accelerate from 0-100km/h in 6.6 seconds with combined cycle (urban/extra-urban) energy consumption of 11.9kWh/100km.
German pricing:
| Model | Battery (LFP) | Power (kW) | Price (€ / A$) |
| L03 RWD Standard Range BEV | 58.3kWh | 180 | €35,600 / ~$58,250 |
| L03 RWD Long Range BEV | 71.2kWh | 180 | €38,600 / ~$63,150 |
| L03 REEV Plug-in Hybrid | 37.3kWh | 180 | €38,600 / ~$63,150 |
| L03 AWD Performance BEV | 71.2kWh | 285 | €41,600 / ~$68,000 |
| L03 AWD Performance Ultra BEV | 71.2kWh | 285 | €46,600 / ~$76,250 |
It’s important to note these German prices include 19 per cent VAT (Value Added Tax) and as with most Chinese new arrivals, you can generally expect the L03 to be significantly more affordable when it lands in Australia.
The L03 is priced from between the equivalent of $31,000 to $34,000 in electric form in China (where there are nine models on offer) and a local entry-grade is likely to be more in line with base versions of the BYD Atto 3 (from $39,990), GAC Aion V (from $42,590) and Geely EX5 (from $41,990).
Developed by a global team led by former Ferrari Head of Exterior Design Juanma López, the L03 measures 4.65 metres long, a fraction over 1.9m wide and 1.6m tall with a 2850mm wheelbase. Drag coefficient is a slippery 0.23.
All Euro L03 grades feature full LED exterior lighting, 18-inch alloy wheels (20s on the flagship Ultra BEV), Vehicle-to-Load (V2L) functionality, a panoramic sunroof, electrically adjustable, heated and ventilated front seats, electrically adjustable, folding, and heated exterior mirrors, nine-speaker audio (with two speakers integrated into the driver's seat), built-in navigation, dual-zone climate control, and three screen displays - an 8.9-inch digital instrument cluster, 15.6-inch central touchscreen and a 26.8-inch head-up display.
The boot boasts a decent 367-litre volume and there’s an 89-liter ‘frunk’ up front.
Safety includes seven airbags and “more than 13 driver assistance systems” bundled under the name ‘XPILOT’, including AEB (Auto Emergency Braking), blind-spot monitoring, lane change assist, rear cross-traffic alert adaptive cruise control and more.
CarsGuide has contacted XPeng Australia for comment on the L03’s potential for local sale and likely arrival timing.
