XPeng MONA L03 Launches Starting at RMB 123,800

[New Vehicle Launch] XPeng's most affordable SUV, the MONA L03, has officially launched with a starting price of RMB 123,800.

Core Development: Starting at RMB 123,800 to Enter the Global Compact SUV Market

The XPeng MONA L03 officially debuted on July 16, offering nine variants in total, including both all-electric and extended-range powertrains. The Plus trim starts at RMB 123,800, while the top-of-the-line Ultra SE variant reaches RMB 156,800. As XPeng’s smallest SUV to date, the MONA L03 was led in design by Juanma Lopez, former Head of Design at Ferrari, and features frameless doors, an AGS active grille, and a panoramic sunroof.

Strategic Foundation: Accelerating European Expansion and Charging Infrastructure

XPeng announced it will operate over 100 outlets in Germany by the end of 2026, targeting annual sales of 8,000 units. By 2028, the company plans to deploy nearly 4,000 ultra-fast charging stations across 31 countries. Deliveries of the extended-range variant will commence in late August, accompanied by purchase incentives worth up to RMB 43,000.