A hybrid SUV with 1,017 km range for 36,000 €: Volkswagen’s partner’s bid to dethrone Ford

13/10/2026 18:05

Updated to

13/10/2026 18:05

Xpeng, Volkswagen Group’s key partner in China — having helped it sell 100,000 cars in just 2 years — is one of the Chinese brands with the strongest presence and future in Spain as well as across Europe.

With a lineup including the SUVs G6 — which we tested — and G9, as well as the electric sedan P7+ — which we also drove — Xpeng’s sales performance in Europe was strong in 2026 and continues to improve. However, its biggest launch is coming before the end of the year; orders will open on October 15. It’s the L03, a plug-in hybrid and electric SUV that will be available in Spain for around 36,000 €, including discounts and incentives from Plan Auto+.

A 36,000 € hybrid SUV aimed at surpassing Ford and Opel in sales

Volkswagen’s Chinese partner has already announced the launch of this plug-in hybrid SUV with a 1,017 km range — which will also be available as an electric version with up to 520 km of range — in our country before the end of the year.

Sources close to the brand have told Híbridosyeléctricos that, including commercial discounts and subsidies, it can be purchased for around 36,000 euros.

The brand, which has also announced the arrival of its new G9L SUV with a range of 1,602 km to Spain and Europe by spring 2027, aims to use the L03 to boost sales in Europe. However, its president and CEO, He Xiaopeng, was highly optimistic, even aggressive, at the recent Paris Motor Show, where he set a goal of achieving 1,000,000 total sales by 2030, with 500,000 of those in Europe alone, according to Bloomberg.

While Xpeng is expanding its product lineup alongside rising sales, the goal of 500,000 units sold in Europe — a target that hinges heavily on the commercial success of the L03 hybrid, which has a range of 1,017 km and 215 km in pure electric mode, accounting for roughly 65% of the model’s sales — is quite ambitious.

It’s so ambitious that, as Bloomberg notes, it would mean overtaking established giants like Ford, which sold around 427,000 vehicles in Europe last year, or Opel, which registered nearly 400,000 cars.

500,000 Sales in Europe: Xpeng’s Ambitious Goal

That figure remains a highly ambitious goal, but Xpeng’s president and CEO has raised the bar since his last announcement in February.

Back then, in an internal letter to executives, he set the target of selling nothing less than 1,000,000 electric cars outside China by that same date, a figure under which overseas sales would account for nearly 70% of profits for this key partner of Volkswagen.