XPeng used a Global Brand Event in Munich to launch the L03, its new entry model, and opened the order books in more than 60 markets simultaneously. German prices start at €35,600 including 19 per cent VAT, and first deliveries are scheduled for the fourth quarter of 2026.
Prices and versions
| Version | Battery | WLTP range | Motor | Price from |
|---|---|---|---|---|
| L03 Standard Range | 58.3 kWh LFP | 445 km | 180 kW (245 PS) | €35,600 |
| L03 RWD Long Range | 71.2 kWh | 520 km | 180 kW (245 PS) | €38,600 |
| L03 AWD Performance | 71.2 kWh | 440 km | 285 kW (388 PS) | €41,600 |
| L03 AWD Performance Ultra | 71.2 kWh | 440 km | 285 kW (388 PS) | €46,600 |
| L03 Power X (range extender) | 37.25 kWh | up to 1,000 km combined | — | €38,600, autumn 2026 |
The car is 4.65m long on a 2.85m wheelbase, which places it squarely in the compact SUV coupé class rather than the supermini segment its entry price might suggest.
The charging figure is the notable one
XPeng quotes a peak of up to 236kW, with 10 to 80 per cent in about 20 minutes. What makes that interesting is the architecture underneath: the L03 does it on 400 volts, where most cars reaching those peaks use an 800-volt system.
For a European buyer that has a practical consequence. An 800-volt car can be held back by older 400-volt chargers; a 400-volt car that pulls 236kW is well matched to the DC network that already exists across the continent. On paper this is a car that should charge close to its rated peak at a wide range of sites rather than only at the newest ones.
Against the Model Y
At €35,600, the L03 undercuts the entry Tesla Model Y in Germany by roughly €3,370, and Electrek put the gap at up to $10,000 across European markets depending on trim and country. That is the pitch, and XPeng is not being subtle about it — a compact SUV coupé at Model Y money minus a margin, with a longer standard equipment list and a range extender option Tesla does not offer at all.
The range figures deserve a second look before anyone treats the comparison as settled. The 520km headline belongs to the RWD Long Range at €38,600, not to the €35,600 entry car, which is rated at 445km. The AWD versions drop to 440km. Reading the table row by row matters more than usual here.
What it means for European buyers
Prices below €40,000 for a car this size were unusual in Europe two years ago and are now routine, largely because Chinese manufacturers keep arriving at that number. Geely's E2 landed in Germany at €19,990 and Smart's facelifted #1 leads on 12-minute charging; the L03 slots between those and the established European mid-sizers.
The open question is delivery. Orders across 60-plus markets are easy to announce; supplying them from the fourth quarter, with a range extender variant following in autumn, is the part worth checking back on.