Friday, June 19

Chinese electric vehicle maker Xpeng is preparing to launch the first sport utility vehicle under its Mona lineup after a new model, the Mona L03, appeared in a regulatory filing published by China’s Ministry of Industry and Information Technology.

The filing, released on Thursday, shows the all-electric L03 SUV featuring a fastback-style design in line with the visual identity of the Mona series.

According to the filing, the Mona L03 measures 4,650 mm to 4,672 mm in length, 1,920 mm in width and 1,600 mm in height, with a wheelbase of 2,850 mm and seating for five passengers.

The model will use a drive motor supplied by Luxshare with peak output of 183 kilowatts and a top speed of 180 kilometers per hour.

The L03 will become the second vehicle in Xpeng’s Mona lineup following the Mona M03 sedan, which launched in August 2024 and has since become the brand’s best-selling model.

Xpeng said the M03 delivered 175,689 units in 2025, accounting for 40.9% of the company’s total vehicle deliveries.

The updated 2026 Mona M03, launched earlier this month, starts at 119,800 yuan ($17,400), maintaining pricing in line with its predecessor.

The Mona L03 is expected to be officially unveiled later in 2026 and is likely to be positioned at a similarly competitive price point, according to market expectations.

The launch would help Xpeng broaden its appeal among mass-market buyers as competition intensifies in China’s electric vehicle sector.

Xpeng delivered 27,415 vehicles in March, rebounding from the previous month but remaining 17% below the level recorded a year earlier.

The automaker has increasingly paired advanced software with in-house hardware to improve profitability, recently introducing its self-developed Turing AI chip into the Mona M03.

Chief Executive He Xiaopeng has said the company plans to expand the Mona lineup into Europe and other overseas markets beginning in 2026.

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Jason Zhao has been covering China’s electric vehicle industry and regulatory landscape for EVMagz.com since becoming a reporter in 2019, focusing on EV industrial policy, government incentives, manufacturing strategy, and the competitive dynamics among Chinese automakers. With a background in public policy analysis and digital journalism, he brings a clear, data-driven perspective to how regulation and industry development intersect in the world’s largest EV market. Outside of work, Jason enjoys evening badminton, urban night photography, and tracking policy developments through economic research journals.

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