Xpeng's first SUV in the MONA series, the L03, has begun initial deliveries in China with plans for nationwide ramp-up in August. Deutsche Bank forecasts monthly deliveries of approximately 15,000 units, positioning it as Xpeng's most important sales growth engine in the second half of 2026.
Product Positioning: A Young Person's First Smart SUV
The MONA L03 is the second product and first SUV in Xpeng's MONA series, positioned as a compact coupe SUV. It opened pre-sales in Beijing on July 2, 2026, priced from 143,800 to 165,800 yuan, making it the most affordable SUV in Xpeng's lineup.
Key dimensions:
- Length: 4,650 mm
- Width: 1,920 mm
- Height: 1,600 mm
- Wheelbase: 2,850 mm
This places it in the same size class as the Tesla Model Y. The exterior design was led by former Ferrari designer JuanMa Lopez and his global team, featuring frameless doors, hidden window trim, and a fastback silhouette with a drag coefficient of Cd 0.228.
Technical Highlights: VLA 2.0 ADAS System Goes Mass Market
The MONA L03's biggest differentiator is its intelligent driving capability at a mass-market price point:
- In-house Turing AI Chip:
- Max trim: Single chip at 750 TOPS
- Ultra SE trim: Dual chips at 1,500 TOPS
- Second-Generation VLA System:
- Supports full-scenario NOA (highway + urban)
- Automated parking functionality
- Xpeng claims VLA 2.0 improves overall driving efficiency by 23%
- Complex scenario performance: narrow roads up 76%, mixed traffic up 69%
| Trim | ADAS Chip | Computing Power | ADAS Features |
|---|---|---|---|
| Max | Single Turing | 750 TOPS | Highway NOA + Memory Parking |
| Ultra SE | Dual Turing | 1,500 TOPS | Full-scenario NOA + VLA 2.0 |
- Power and Range:
- BEV: 183kW (249 hp) rear-mounted single motor
- Battery options: 56kWh and 69kWh LFP (CALB)
- CLTC range: 505km to 650km
- EREV variant also available with 257km electric range
Market Performance: Blockbuster Potential Confirmed
The MONA L03's market heat was evident from the pre-sale stage:
- 7 minutes after pre-sale opening: Orders exceeded 20,000
- 1 hour after pre-sale opening: Orders exceeded 46,000
- Global launch: July 16 in Munich, covering 65 countries and regions
This continues the MONA series' success. The M03 sedan delivered 175,689 units in 2025, representing about 41% of Xpeng's total sales.
Deutsche Bank analyst forecasts:
- MONA L03 average monthly deliveries: approximately 12,500 units
- Model will become Xpeng's next sales pillar
- Xpeng's national monthly volume could reach approximately 60,000 in H2 2026
- Full-year 2026 sales forecast: 504,000 units, up 17% year-on-year
| Metric | Data |
|---|---|
| Orders in 1st hour | 46,000 |
| Deutsche Bank monthly forecast | 12,500 |
| Full-year 2026 sales forecast | 504,000 (+17% YoY) |
| June actual deliveries | 40,126 (+15.9% YoY) |
| Europe June registrations | 4,600+ (4th consecutive record) |
Globalization: From China to the World
The MONA L03 is Xpeng's first "global-native" model, sold simultaneously in 65 countries and regions. Its globalization strategy includes:
- European local production: Manufactured at Magna Steyr plant in Austria
- Munich R&D center: Supports European market localization
- Sales network: Covers 28 European countries with 150+ dealers
- Charging network: Plans for over 1,000 Xpeng-operated fast chargers across 13 European countries
For potential buyers in Central Asia and Russia, the MONA L03 represents the typical Chinese smart EV formula of "high configuration + accessible pricing." For more information, visit EX1000.COM.
