XPeng Mona L03 in Portugal: The Brand's Fourth and Cheapest Model
Published: 05/06/2026
XPeng's fourth European model is its cheapest yet
XPeng is rolling out its European offensive methodically, and the next move is the one that matters most for budget-minded buyers. The brand's fourth model to reach Europe will be the Mona L03, an electric SUV smaller than the XPeng G6 and sitting at the more affordable end of the range. It marks the first time the "Mona" sub-brand — XPeng's value line — leaves China, and that changes the conversation for the Portuguese market.
The launch is set for July 2026, with a brand event in Munich. Anyone following the segment has spotted the pattern: XPeng entered Europe from the top, with the G6, the G9 and the P7+ sedan, and only now moves downmarket. This XPeng fourth model in Europe signals the brand wants volume, not just margin.
What the Mona L03 is and where it sits
The Mona L03 is a coupe-style SUV, slotting below the G6 in the range and above the Mona M03 sedan. The Mona line came out of XPeng's August 2023 acquisition of Didi's EV business and has since become the brand's volume engine in China.
The numbers explain why. The M03 sedan sold roughly 175,000 units in 2025, about 41% of all XPeng deliveries that year. It launched in China at 119,800 yuan — around half the price of a Tesla Model 3. That aggressive-pricing formula is exactly what the L03 now brings to the SUV format.
XPeng Mona L03 specs: range and battery
The data comes from Chinese regulatory filings and points to a capable SUV for the segment. Here are the numbers that matter.
| Specification | Value |
|---|---|
| Body style | Coupe SUV |
| Length | 4,650 mm |
| Width | 1,920 mm |
| Height | 1,600 mm |
| Wheelbase | 2,850 mm |
| Motor (electric) | 183 kW (249 hp) |
| Battery (LFP) | 56 kWh / 69 kWh |
| Range | 505–650 km CLTC |
| Top speed | 180 km/h |
| Curb weight | from 1,855 kg |
| Driver assistance | VLA 2.0 (cameras only) |
The 69 kWh LFP battery claims up to 650 km on the CLTC cycle. Worth putting that in perspective: China's CLTC cycle is more optimistic than Europe's WLTP, so real-world range in Portugal should land closer to 450–500 km on the larger battery. Even so, that is more than enough for most days — and it covers a Lisbon-to-Porto run without range anxiety.
The single 183 kW (249 hp) motor places the L03 in mid-spec territory for the segment rather than at the performance end. For a family electric SUV, that is the right balance: ample performance without punishing range. There is also an EREV variant, with a small 1.5L petrol engine acting as a generator, offering 257 km of electric-only range on CLTC — an answer to range anxiety for anyone still hesitating to go fully electric.
XPeng Mona L03 price: what to expect in Portugal
In China the L03 starts at about 150,000 yuan, roughly $20,500. That is not the price we will see here, for two clear reasons.
First, there is the import and European-market adaptation margin, which always pushes the sticker up. Second, and more important, there are the tariffs. The European Commission applied a 20.7% extra duty to XPeng on cars built in China — a meaningful weight. The good news is that XPeng assembles locally, which opens the door to more contained prices than direct imports would allow.
Even with those adjustments, the L03 should land below the G6 in the Portuguese range. In a market where the cheap Chinese electric SUV already has demand, an XPeng model competing head-on with the BYD Atto 3 and MG would be a genuine boost in options for the price-sensitive buyer. The exact euro price? Still to be confirmed — worth watching the July announcement.
European production: the piece that changes the game
Here is the detail that sets this news apart. XPeng will not simply import the L03 — it will assemble it in Europe.
Production runs at Magna Steyr in Graz, Austria, from semi-knockdown kits shipped from China. The plant already builds the G6, G9 and P7+ locally, and assembly of the fourth model is slated to start before the end of 2026. That local build is what lets XPeng sidestep the 20.7% surcharge on Chinese EVs — and it is why it makes all the difference to the final price.
There is a ceiling in sight, though. Graz capacity is already stretched, according to XPeng itself, which is in talks with the Volkswagen Group to expand European production. The brand wants to launch four new models in Europe in 2026 and double its sales outside China.
The scale of XPeng's European push
To grasp the weight of this news, it helps to look at where XPeng already is. The brand sells in 28 European countries, with around 290 retail outlets, and delivered 22,787 cars in Europe in 2025 — a 126% jump on the year before.
The current range rests on the G6 and G9 SUVs and the P7+ sedan. After the Mona L03 in July comes a premium SUV in October, likely the six-seat GX, aimed squarely at Mercedes, BMW and Audi territory. Globally, XPeng targets 550,000 to 600,000 vehicle deliveries in 2026, up from 429,445 in 2025.
The takeaway for Portugal is direct. Another Chinese electric SUV with strong range and competitive pricing means more pressure on prices across the whole segment. For anyone planning to buy an EV in the coming months, XPeng's calendar is a good reason to wait and see the July figures before closing a deal.
Frequently Asked Questions
The price for Portugal has not yet been confirmed. In China the Mona L03 starts at around 150,000 yuan (about $20,500), but the Portuguese price will be higher due to import margins and the 20.7% surtax the EU applies to China-built EVs. Because XPeng assembles the model locally in Austria, it can soften that tariff impact. The L03 is expected to sit below the G6 in the range, with official euro pricing announced at the July 2026 launch.
The Mona L03's European launch is scheduled for July 2026, with a brand event in Munich. It is XPeng's fourth model to reach Europe, after the G6, G9 and the P7+ sedan. Exact availability in Portugal follows the European timeline, with local assembly of the model expected to begin before the end of 2026.
The Mona L03 claims 505 to 650 km on the Chinese CLTC cycle, depending on the LFP battery (56 kWh or 69 kWh). Because the CLTC cycle is more optimistic than Europe's WLTP, the real-world range in Portugal should be closer to 450–500 km on the larger-battery version. That is more than enough for daily driving and covers a Lisbon-Porto trip without range anxiety.
The Mona L03 is a coupe SUV measuring 4,650 mm, with a single 183 kW (249 hp) motor and up to 650 km CLTC, positioned to compete directly in the affordable Chinese electric SUV segment where the BYD Atto 3 and MG already sell well. Against the Atto 3, the L03 offers a coupe styling and a higher claimed range, adding options for price-sensitive Portuguese buyers. The definitive comparison will depend on the final euro price, which is still to be confirmed.
Yes. The Mona L03 is assembled at the Magna Steyr plant in Graz, Austria, from semi-knockdown kits shipped from China — the same facility that already builds the G6, G9 and P7+. This local assembly lets XPeng avoid the 20.7% surtax on Chinese EVs and helps keep the final price more competitive. Graz capacity is reportedly stretched, so XPeng is in talks with the Volkswagen Group to expand its European production.