Xpeng’s new L03 undercuts Tesla Model Y by up to $10,000 in Europe
Summary
<div class="feat-image"><img src="https://electrek.co/wp-content/uploads/sites/3/2026/07/Xpeng-L03-hero-shot.png?w=1600" /></div><p class="wp-block-paragraph">Xpeng launched its new L03 electric SUV-coupe in Europe this week with a starting price of €34,990 — undercutting the Tesla Model Y by roughly €3,400 in Germany and by around $10,000 in Norway.</p> <p class="wp-block-paragraph">The pricing puts a well-equipped 4.65-meter electric SUV directly under Tesla’s best-seller in its highest-volume segment, and deliveries start in the fourth quarter.</p>
<div class="feat-image"><img src="https://electrek.co/wp-content/uploads/sites/3/2026/07/Xpeng-L03-hero-shot.png?w=1600" /></div><p class="wp-block-paragraph">Xpeng launched its new L03 electric SUV-coupe in Europe this week with a starting price of €34,990 — undercutting the Tesla Model Y by roughly €3,400 in Germany and by around $10,000 in Norway.</p>
<p class="wp-block-paragraph">The pricing puts a well-equipped 4.65-meter electric SUV directly under Tesla’s best-seller in its highest-volume segment, and deliveries start in the fourth quarter.</p>