XPENG L03 Electric SUV Launches in Hong Kong with Four Models from HK$299,900
SingTao · 1 SOURCES1 day ago2 MIN
Summary
XPENG's L03 entered the Hong Kong market on the evening of September 18, 2026, during an unveiling event held at Ocean Terminal in Tsim Sha Tsui. The manufacturer announced four distinct configurations priced between HK$299,900 and HK$439,900 during an early-bird period that runs through the weekend exhibition . The compact five-seat battery-electric SUV measures 4,650mm long, 1,920mm wide, and 1,600mm tall, positioning it slightly smaller than XPENG's existing G6 model within the brand's local portfolio . Deliveries to Hong Kong customers are expected to commence in December, with the full lineup featuring rapid DC charging capability .
Key Points
- XPENG L03 arrives in Hong Kong with four variants: Standard Range RWD (HK$299,900), Long Range RWD (HK$329,900), High-Performance AWD (HK$369,900), and AWD ULTRA (HK$439,900) during the early-bird period
- The ULTRA flagship features three in-house developed Turing AI chips delivering 2,250 TOPS of computing power, supporting advanced artificial intelligence operations and responsive feedback
- Drivetrain options include single-motor rear-wheel-drive variants offering 222–249 horsepower and dual-motor all-wheel-drive models producing 431 horsepower with a 0–100 km/h time of 4.5 seconds
- The design was overseen by JuanMa Lopez, XPENG's Vice President of Styling Design and former Ferrari exterior design chief, achieving a low drag coefficient of 0.228 Cd
- The vehicle offers 539 litres of luggage space expandable to 1,640 litres when rear seats are folded flat, plus a 102-litre front storage compartment
Why It Matters
The L03's aggressive early-bird pricing under HK$300,000 positions XPENG competitively against established EV brands in Hong Kong's growing electric vehicle market. The ULTRA's 2,250 TOPS Turing AI chip demonstrates XPENG's ambition to differentiate through in-house technology development, potentially attracting tech-savvy buyers seeking advanced driver-assistance features .
The L03's aggressive early-bird pricing under HK$300,000 positions XPENG competitively against established EV brands in Hong Kong's growing electric vehicle market. The ULTRA's 2,250 TOPS Turing AI chip demonstrates XPENG's ambition to differentiate through in-house technology development, potentially attracting tech-savvy buyers seeking advanced driver-assistance features .