Xpeng delivers first Mona L03 SUVs in China, plans nationwide ramp-up in August

CnEVPost

07/22

He Xiaopeng (left), chairman and CEO of Xpeng, poses for a photo with a Mona L03 owner. Credit: Xpeng Deutsche Bank expects Mona L03 monthly deliveries to reach about 15,000 units in 2026, followed ...

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Credit: Xpeng\n\n\nDeutsche Bank expects Mona L03 monthly deliveries to reach about 15,000 units in 2026, followed ...</p>\n\n<a href=\"https://cnevpost.com/2026/07/22/xpeng-delivers-first-mona-l03-suvs-china/\">网页链接</a>\n\n</div>\n","source":"cnevpost_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Xpeng delivers first Mona L03 SUVs in China, plans nationwide ramp-up in August</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXpeng delivers first Mona L03 SUVs in China, plans nationwide ramp-up in August\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CnEVPost</strong><span class=\"h-time small\">2026-07-22 21:42</span>\n</p>\n</h4>\n</header>\n<article>\n<div>\n<p>He Xiaopeng (left), chairman and CEO of Xpeng, poses for a photo with a Mona L03 owner. Credit: Xpeng\n\n\nDeutsche Bank expects Mona L03 monthly deliveries to reach about 15,000 units in 2026, followed ...</p>\n\n<a href=\"https://cnevpost.com/2026/07/22/xpeng-delivers-first-mona-l03-suvs-china/\">网页链接</a>\n\n</div>\n\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://cnevpost.com/2026/07/22/xpeng-delivers-first-mona-l03-suvs-china/\">CnEVPost</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4099","symbol_name":"汽車製造商","start_time":0,"source_url":"https://cnevpost.com/2026/07/22/xpeng-delivers-first-mona-l03-suvs-china/","article_id":"2653062763","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20480%20270'%3E%3C/svg%3E?op=imageView2&mode=2&width=256&height=256&quality=70&format=png"],"rights":{"source":"cnevpost_highlight","url":"https://cnevpost.com/2026/07/22/xpeng-delivers-first-mona-l03-suvs-china/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2653062763","pubTimestamp":1784727735,"columns":[],"sourceInfo":{"source_id":"cnevpost_highlight","name":"CnEVPost"},"weMediaInfo":null,"summary":"Deutsche Bank expects Mona L03 monthly deliveries to reach about 15,000 units in 2026, followed by full-year volume of around 150,000 in 2027.","collect":0,"end_time":0,"defaultTopTitle":"cnevpost.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4099":"汽车制造商","BK4505":"高瓴资本持仓","BK4555":"新能源车","XPEV":"小鹏集团","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","XPEG":"2倍做多XPEV ETF-Leverage Shares","09868":"小鹏集团-W","BK4551":"寇图资本持仓","BK4526":"热门中概股"},"translate_title":"小鹏汽车在中国交付首款 Mona L03 SUV，计划于 8 月在全国范围内推出","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EVS.SI":0.6,"09868":1.98,"XPEV":1.98,"XPEG":0.6},"content_text":"He Xiaopeng (left), chairman and CEO of Xpeng, poses for a photo with a Mona L03 owner. Credit: Xpeng\n\n\nDeutsche Bank expects Mona L03 monthly deliveries to reach about 15,000 units in 2026, followed by full-year volume of around 150,000 in 2027.\nDealers say the SUV has accumulated more than 50,000 non-cancellable orders.\n\n\nXpeng (NYSE: XPEV) has begun delivering the Mona L03 SUV (sport utility vehicle) to its first customers in China, saying nationwide mass deliveries will accelerate in August to work through the orders the budget model has rapidly accumulated.\nThe Chinese electric vehicle (EV) maker announced on Wednesday that chairman and CEO He Xiaopeng personally handed over keys to some of the first buyers.\nXpeng's factories are working overtime at full capacity to produce the Mona L03, the company said.\n\n\nJoin us on \nTelegram\n or \nGoogle News\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Mona L03 was launched on July 16 with a starting price of 123,800 yuan ($18,200) in China.\nThe model is available in both battery electric vehicle (BEV) and extended-range electric vehicle (EREV) versions, continuing Xpeng's dual-powertrain strategy.\nThe vehicle received more than 20,000 firm orders within 7 minutes of its launch in China, reaching 46,859 units within an hour, according to figures previously released by Xpeng.\nThe mere 6 days from launch to first deliveries suggests Xpeng wants to convert orders into sales as quickly as possible, avoiding lengthy waiting times that could dampen consumer enthusiasm.\nDeutsche Bank said in a July 21 research note, citing dealer information, that the Mona L03 has accumulated more than 50,000 non-cancellable orders nationwide, including over 40,000 units of the pure electric version and over 10,000 units of the EREV version.\nDue to near-term supply bottlenecks, the waiting period for the Mona L03's pure electric version is 13 to 17 weeks, while the EREV version's is 8 to 12 weeks, CnEVPost's monitoring shows.\nDealers attribute the robust orders to the lower-than-expected selling price and the excellent exterior design, Deutsche Bank said. The vehicle is particularly appealing to female customers, who account for roughly 70% of total orders.\nXpeng also said over the weekend that the Mona L03's single-day test drive volume set a record among the company's models at the same stage after launch, and drove test drives across its entire lineup to an all-time high.\nThe Mona L03's pure electric version offers two CLTC range options of 525 km and 625 km, while the EREV version has a combined range of up to 1,380 km.\nAll versions of the vehicle are equipped with Xpeng's in-house developed Turing AI chips, bringing driver-assistance hardware previously reserved for higher-priced models down to the mass market of around 150,000 yuan.\nIn the Chinese market, the Mona L03 competes directly with similarly priced compact SUVs such as the BYD (HKEX: 1211) Yuan Plus and Leapmotor (HKEX: 9863) C10.\nHowever, the Mona L03's popularity has also created internal competitive pressure. Deutsche Bank said new orders for the Mona M03 sedan declined by roughly 40% following the L03's launch, due to their overlapping price ranges.\nThe Mona M03 was previously Xpeng's most important sales contributor, with 175,689 units delivered in 2025, accounting for about 41% of the company's full-year deliveries.\n\n    {\"@context\":\"https://schema.org\",\"@type\":\"Dataset\",\"name\":\"Xpeng Mona M03 Monthly Deliveries Data\",\"description\":\"Monthly delivery statistics for Xpeng Mona M03 electric vehicle from 2024 to 2026\",\"url\":\"https://cnevpost.com/2026/07/22/xpeng-delivers-first-mona-l03-suvs-china/\",\"license\":\"https://creativecommons.org/licenses/by/4.0/\",\"creator\":{\"@type\":\"Organization\",\"name\":\"CnEVPost\"},\"temporalCoverage\":\"2024/2026\",\"variableMeasured\":{\"@type\":\"PropertyValue\",\"name\":\"Monthly Deliveries\",\"unitText\":\"units\"},\"distribution\":{\"@type\":\"DataDownload\",\"encodingFormat\":\"text/html\",\"contentUrl\":\"https://cnevpost.com/2026/07/22/xpeng-delivers-first-mona-l03-suvs-china/\"}}    \n\n\nXpeng Mona M03 Monthly Deliveries 2024-2026\n\n\nMonth\n2024\n2025\n2026\n\n\n\n\nJanuary\n\n15,225\n6,722\n\n\nFebruary\n\n15,312\n4,375\n\n\nMarch\n\n16,593\n9,335\n\n\nApril\n\n14,210\n13,699\n\n\nMay\n\n10,900\n14,160\n\n\nJune\n\n14,111\n14,197\n\n\nJuly\n\n15,758\n\n\n\nAugust\n517\n15,334\n\n\n\nSeptember\n10,023\n14,546\n\n\n\nOctober\n10,203\n16,424\n\n\n\nNovember\n11,962\n14,886\n\n\n\nDecember\n15,904\n12,390\n\n\n\n\n\n\nXpeng Mona M03 monthly deliveries\n\n\n\n                2024            \n\n\n                2025            \n\n\n                2026            \n\n\n\n\n\n\n\nSource: Company reports, CPCA\n© CnEVPost\n\n\n\n    (function() {\n        function init() {\n            if (typeof CnEVPostCharts === 'undefined' || typeof Chart === 'undefined') {\n                if ((init._retries = (init._retries || 0) + 1) < 300) setTimeout(init, 100);\n                return;\n            }\n            \n            CnEVPostCharts.createYearlyLineChart({\n                id: 'xpeng-mona-m03-chart-6a60c8f403ab5',\n                years: [2024,2025,2026],\n                data: {\"2024\":[null,null,null,null,null,null,null,517,10023,10203,11962,15904],\"2025\":[15225,15312,16593,14210,10900,14111,15758,15334,14546,16424,14886,12390],\"2026\":[6722,4375,9335,13699,14160,14197,null,null,null,null,null,null]},\n                colors: {\"2024\":\"#999999\",\"2025\":\"#E8853F\",\"2026\":\"#6AAF3D\"},\n                months: [\"Jan\",\"Feb\",\"Mar\",\"Apr\",\"May\",\"Jun\",\"Jul\",\"Aug\",\"Sept\",\"Oct\",\"Nov\",\"Dec\"],\n                yMax: 20000,\n                yStep: 4000            });\n        }\n        \n        if (document.readyState === 'loading') {\n            document.addEventListener('DOMContentLoaded', init);\n        } else {\n            init();\n        }\n    })();\n    \nDeutsche Bank expects the Mona L03's monthly deliveries to reach about 15,000 units in 2026, followed by full-year sales of around 150,000 units in 2027.\nDealers expect Xpeng's nationwide delivery volume to reach 45,000 units in July, a figure limited mainly by the L03's supply during the month, the research note said.\nThe start of Mona L03 deliveries comes as Xpeng's sales are recovering. The company delivered 40,126 vehicles in June, up 15.9% year-on-year and a monthly high for 2026.\nThe Mona L03 is Xpeng's first global model launched simultaneously in China and Europe. It will be sold in 64 overseas markets, marking a key step in the company's international expansion.\n\n\n\n\n\n\n\n\n\n\n\n\nXpeng June deliveries breakdown: Mona M03 contributes over 35%, GX surges into second place - CnEVPost\nMona M03 delivered 14,197 units in June, retaining its position as the best-selling Xpeng model.\n\n\nXpeng\nJul 11, 2026\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n($1 = 6.7933 yuan)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"productRelease","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}