XPeng’s New ‘Budget’ EV Looks Like the Ferrari Luce | HappeningNow.news

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XPeng’s New ‘Budget’ EV Looks Like the Ferrari Luce

The electric L03 is looking to punch above its weight in style and tech as it launches in 60 countries worldwide.

Source AI Summary Published July 16, 2026 Brief Under 1 min brief
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XPeng’s Munich showcase opened with a giant wooden Trojan horse, a striking visual for the Chinese automaker’s first global electric‑vehicle launch. The company, founded just under 12 years ago, began exporting EVs to Norway in 2020, marking the start of its European expansion. At the event, XPeng displayed its new budget‑class EV alongside other commercial products, including robots and flying cars. The showcase signals XPeng’s intent to broaden its presence beyond China into the European market.

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