July 16, 2026

Xpeng’s new L03 undercuts Tesla Model Y by up to $10,000 in Europe

Xpeng’s new L03 undercuts Tesla Model Y by up to $10,000 in Europe
Xpeng’s new L03 undercuts Tesla Model Y by up to $10,000 in Europe
Xpeng’s new L03 undercuts Tesla Model Y by up to $10,000 in Europe

🌍✨ Xpeng’s new L03 undercuts Tesla Model Y by up to $10,000 in Europe

Why we’re watching: 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.

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. 💚

⚡ Why this matters

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🔭 What to watch next

  • 📌 Key signal: Xpeng launched its new L03 electric SUV-coupe in Europe this week with a starting price of €34,990 — undercutting the Tesla Model…
  • ✅ Watch for measurable follow-through, not just announcements.
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Reporting curated for GreenTV. Original reporting via Electrek.