Chinese Xpeng L03 SUV targets Europe at ~$3,500 less than Tesla Model Y

Chinese automaker Xpeng has unveiled the L03 SUV, featuring integrated Google Maps and a Full Self-Driving-style autonomous capability, priced roughly $3,500 below the Tesla Model Y. The vehicle is aimed squarely at the European market. It represents Xpeng's latest push to challenge Tesla's dominance in the premium EV segment.