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

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.