XPENG MONA L03 Launches Globally, Flying Car Set for Mass Production This Year
Taylor Wilson
XPeng unveiled the MONA L03 in Munich on July 16 with China pricing at RMB 123,800–156,800, while disclosing over 7,000 flying-car orders and a completed production facility — the company is betting on two tracks at once.
How much does the MONA L03 cost, and how is it selling?
China pricing: BEV RMB 123,800–156,800; extended-range RMB 123,800–146,800. Europe: BEV from €35,600; extended-range from €38,600.
Chairman He Xiaopeng said pre-sale orders have surpassed every prior XPeng model's pre-sale record.
This means → MONA L03 is priced squarely in the high-volume bracket around RMB 100k, and the pre-sale numbers suggest stronger market reception than anything XPeng has launched before.
Can the smart-driving system work in Europe?
XPeng's second-gen VLA world model — an AI system that lets the car "read" road conditions — now runs on a single model for both China and Europe, with European production adaptation underway.
XPeng has specifically upgraded its smart-parking capability for Europe's narrow old-town spaces and unmarked parking areas.
In plain terms = smart driving isn't China-only; XPeng is porting the same tech stack to Europe's trickier roads and parking environments.
How far along is the flying car, really?
XPeng has spent thirteen years on flying-car R&D, producing two product lines: the "Land Aircraft Carrier" for personal low-altitude flight, and the new "A868" eVTOL for multi-passenger, longer-range trips.
Orders to date exceed 7,000 — XPeng claims the highest order count of any flying-car company globally.
This means → the flying car is no longer just a concept demo; both the order book and the product lineup have taken concrete shape.
What supports mass production?
XPeng has completed the world's first flying-car factory, with planned annual capacity of 10,000 units and a floor area of 120,000 square meters.
The European Union Aviation Safety Agency (EASA) has published the first-ever type-certification technical specification for eVTOL aircraft — electric craft that take off vertically like a helicopter. XPeng says it looks forward to entering Europe and other international markets.
In plain terms = the factory is built and the regulatory framework is taking shape, but whether XPeng can deliver on schedule is the core question the market will track next.
What should investors watch next?
MONA L03: whether the pre-sale record converts into sustained deliveries — that is the real test of market demand.
Flying cars: whether the mass-production timeline holds will directly shape the market's reassessment of XPeng's fundamentals.
This reflects two stories XPeng is telling at once — volume-segment delivery capability on one hand, and the leap from flying-car concept to production on the other. Both need follow-through data to validate.
Content is for reference only, not financial advice.