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Xpeng tests L03 electric SUV in Australia ahead of sub $45,000 launch

By Eve

Chinese EV maker Xpeng has been spotted testing its L03 electric SUV in Sydney, with a global launch scheduled in Munich and an Australian release planned later this year. The model starts at the equivalent of $30,500 in China, suggesting an Australian price below $45,000. The L03 features Xpeng's VLA supervised self-driving system, available even on the base model with a Turing AI chip offering 750 TOPS, positioning it as a rival to Tesla's FSD.

Why it matters: A sub $45,000 electric SUV with advanced driver assistance could accelerate EV adoption in Australia, potentially increasing demand for public and workplace charging infrastructure. The entry of another tech focused Chinese brand intensifies competition in the affordable EV segment, which may influence charging network planning and investment decisions.