# 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.

- **Source:** [Electrek](https://electrek.co/2026/07/16/xpeng-l03-pricing-tesla-model-y-europe/?utm_source=gearopen.com&utm_medium=referral&utm_campaign=feed&utm_content=6a59222d6aa54428f0f31faa)
- **Published:** 2026-07-16
- **Category:** Cars
- **Tags:** #ai #tesla
- **Canonical:** http://localhost:4321/a/6a59222d6aa54428f0f31faa

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_GearOpen's distilled summary. The full original article is published at Electrek (source link above); GearOpen does not republish the source's full text._