EVwire brief: Xpeng opened pre-sales for the Mona L03, the first SUV in its budget-focused Mona series, at a Beijing debut event last week, ahead of an official China launch on July 16.
But the biggest story here is what Xpeng is putting in its affordable vehicle line. Even the cheapest trim, at 143,800 yuan (about $21,200), ships standard with the same in-house Turing AI chip family Xpeng otherwise reserves for pricier cars.
Xpeng is timing the China launch alongside a simultaneous global unveiling in Munich, with sales planned across 64 countries and regions by year's end.
The L03 will be competing in the same market as best-sellers like the Tesla Model Y and the BYD Atto 3
Details:
Pricing and trims
Six trims, pre-sale pricing from 143,800 to 165,800 yuan ($21,200 to $24,400)
Choice of BEV (all-electric) or EREV (extended-range) powertrain
Powertrain and range
Range: 525 km or 625 km of CLTC range
0-100 km/h (0-62 mph): 6.6 seconds
Charging: 3C fast-charging, 10-80% in roughly 19 minutes
Smart-driving hardware
Hardware: Turing AI chip standard on every trim
Max grade: single chip, 750 TOPS, distilled version of Xpeng's second-generation VLA driving system
Ultra SE grade: dual chips, 1,500 TOPS combined, running the full second-generation VLA stack
Interior
Dimensions: 4,650 mm long on a 2,850 mm wheelbase, 0.228 drag coefficient
Infotainment: 15.6-inch 2.5K central display and 26.8-inch head-up display
Storage: 539-liter trunk, expanding to 1,640 liters with the rear seats folded
Seats: Zero-gravity seats with 14-point massage
Context:
The L03 is the second Mona-branded model after the M03 sedan, which drove over 175,000 deliveries in 2025, more than 40% of Xpeng's total that year, before momentum cooled, with year-to-date volume through May running roughly a third behind 2025's pace.
Xpeng needs the SUV version to pick up that slack, and it lands just as the wider lineup is recovering: June deliveries topped 40,000 for the first time in 2026, ending a five-month run of year-over-year declines.
Rather than chase BYD, Xiaomi, and Geely purely on price in China's crowded sub-200,000-yuan segment, Xpeng is betting that loading flagship-grade autonomy hardware into an entry-level SUV is what pulls buyers away from the competition.
The Xpeng Mona L03 is a crossover SUV with a fastback silhouette
Source: CNEVPost
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