XPeng has filed its first Mona-branded SUV with China’s Ministry of Industry and Information Technology, according to the latest catalogue published on Thursday.
The model — named L03 — is a compact electric crossover that will expand the Mona series beyond its sole current model, the M03 sedan, which delivered over 175,000 units in 2025 and accounted for roughly 41% of the automaker’s total volume.
The filing confirms the model’s key specifications for the first time and positions the L03 for a public debut at the Beijing Auto Show, scheduled to open on April 24.
The L03 measures 4,650 to 4,672 mm in length, 1,920 mm in width, and 1,600 mm in height, with a wheelbase of 2,850 mm.
That makes it approximately 135 mm shorter than the current Model Y but wider and with a longer wheelbase than the Mona M03 sedan, which sits at 4,785 mm in length on a 2,815 mm wheelbase.
The powertrain is a single rear-mounted electric motor supplied by Luxshare Intelligent Manufacturing, rated at 70 kW continuous and 183 kW peak — approximately 249 horsepower.
The configuration is consistent with the rear-wheel-drive efficiency-focused approach used in the M03 sedan.
Design and Technology
The L03 carries the Mona family’s design language, with T-shaped LED headlights, a closed-off front fascia, and individual “XPeng” lettering at the rear — consistent with spy shots of near-production prototypes that leaked in late March.
The M03 sedan received XPeng‘s in-house Turing AI chip in its April 2 refresh, bringing up to 750 TOPS of computing power to vehicles priced from 119,800 yuan.
The L03 is expected to carry the same chip, though this was not confirmed in the MIIT filing.
Strategic Context
The Mona sub-brand originated from XPeng’s 2023 acquisition of ride-hailing giant Didi Global Inc.’s smart EV development unit.
It is positioned as the company’s high-volume line, targeting younger urban buyers with technology-dense vehicles at prices roughly half those of Tesla’s competing models.
The M03 sedan starts at 119,800 yuan ($17,500) in China — approximately half the price of the locally produced Tesla Model 3.
XPeng‘s founder and CEO He Xiaopeng said during the company’s most recent earnings call that “in 2026, we can expect to see more models” from the Mona series.
The L03 is the first of those. A second Mona SUV — a more conventional family-oriented model — is also expected later this year.
Q1 Delivery Context
The carmaker delivered 62,682 vehicles in the first quarter, a 33.3% decline from the same period a year ago — its first year-over-year quarterly drop since Q2 2023, ending a streak of growth driven by an expanding lineup and international push.
XPeng had flagged the decline in advance, guiding for 61,000 to 66,000 units in Q1.
March deliveries of 27,415 represented a 79.7% sequential jump from February’s 15,256 — the company’s lowest monthly figure since August 2024 — but still fell short of the 33,205 delivered in March 2025.
The Mona M03 sedan remains the engine of XPeng’s volume.
The model delivered over 175,000 units throughout 2025, accounting for roughly 41% of total deliveries, and continued to lead the company’s sales charts through the first months of 2026.
XPeng is targeting between 550,000 and 600,000 deliveries globally this year, representing a 28% to 40% increase from the 429,445 vehicles delivered in 2025.
The first quarter’s 62,682 units represent approximately 10.4% to 11.4% of that target.
