Morgan Stanley on XPeng S4 Supercharger: High-power Charging Race Has Begun in China
Morgan Stanley on XPeng S4 Supercharger: High-power Charging Race Has Begun in China
The growing number of models that support high-power charging will drive the adoption of EVs to a critical mass, which could double the speed of China's transition to EVs, Morgan Stanley said.
摩根士丹利説，越來越多的支持大功率充電的車型將推動電動汽車的採用達到臨界質量，這可能會使中國向電動汽車過渡的速度翻一番。
XPeng Motors on Monday showed off its next-generation ultra-fast charging technology that takes electric vehicle (EV) charging to a new level, and the move was viewed positively by Morgan Stanley.
週一，小鵬汽車-W汽車展示了其下一代超快充電技術，將電動汽車(EV)充電提升到一個新的水平，摩根士丹利對此持積極態度。
In a research note sent to investors Monday titled "High-power charging race has begun in China," Morgan Stanley analyst Tim Hsiao's team argued that high-power charging will be strategically important to the development of EVs.
摩根士丹利分析師Tim Hsiao的團隊在週一發給投資者的一份題為《中國大功率充電競賽已經開始》的研究報告中指出，大功率充電對電動汽車的發展將具有重要的戰略意義。
"Aside from charging accessibility, consumers are generally discouraged about the lengthy energy replenishment times," the team wrote.
該團隊寫道：“除了充電方便之外，消費者通常對漫長的能源補充時間感到氣餒。”
"We expect the upgrade to 800V vehicle electrical, brand new electronic (E/E) architecture, and high-power charging (HPC) will further enhance user experience," they added.
他們補充説：“我們預計，升級到800V的汽車電動、全新的電子(E/E)架構和大功率充電(HPC)將進一步提升用户體驗。”
XPeng introduced its ultra-fast charging technology and plans for such stations at a brief launch event on August 15.
8月15日，小鵬汽車-W在發佈會上介紹了其超快充電技術和此類站點的計劃。
The XPeng G9, built on an 800-volt platform, can get a CLTC range of 210 kilometers in five minutes when using that S4 supercharger, real-world tests shown by the company showed.
小鵬汽車-W G9的實際測試顯示，使用S4增壓器，搭載在800伏平臺上的G9可以在5分鐘內行駛210公里。
With a maximum power of 480 kW, a maximum current of 670 A and a peak charging power of 400 kW, the company's S4 supercharger surpasses Truss's V3 Supercharger and Porsche's Turbo supercharger, said XPeng Chairman and CEO He Xiaopeng.
小鵬汽車-W董事長兼首席執行官何曉鵬表示，該公司的S4增壓機最大功率為480千瓦，最大電流為670安，峯值充電功率為400千瓦，超過了特拉斯的V3增壓和保時捷的渦輪增壓。
XPeng has already put its first station with an S4 supercharger into operation and plans to focus on building S4 stations in the 10 cities with the largest G9 order volume this year.
小鵬汽車-W已經將其第一個配備S4增壓機的加油站投入運營，並計劃今年在G9訂單量最大的10個城市重點建設S4加油站。
Hsiao's team believes that the growing number of models on the market that support high-power charging will also drive EV adoption to critical mass, which could double the speed of China's transition to electric vehicles.
肖的團隊認為，市場上越來越多支持大功率充電的車型也將推動電動汽車的採用達到臨界質量，這可能會使中國向電動汽車過渡的速度翻一番。
However, infrastructure could soon become a bottleneck, the team noted.
然而，該團隊指出，基礎設施可能很快就會成為瓶頸。
There are no established high-power charging stations on the market, so automakers will need to build them from scratch, which will take longer to scale, the team said.
該團隊表示，目前市場上還沒有成熟的大功率充電站，因此汽車製造商將需要從頭開始建設，這將需要更長的時間來擴大規模。
In addition, the prevalence of 800 V/480 kWh supercharging will require an upgrade of China's power grid. Meanwhile, the high cost of SiC, a key component of high-power charging architectures, remains a barrier to rapid adoption, according to the team.
此外，800V/480千瓦時增壓的普及將需要中國電網的升級。與此同時，據該團隊稱，作為高功率充電架構的關鍵組件，SIC的高成本仍然是快速採用的障礙。
Starting with the G9, XPeng will try to make all models, including the refreshed models, support ultra-fast charging, the company said Monday.
該公司週一表示，從G9開始，小鵬汽車-W將努力使所有機型，包括更新後的機型，都支持超快充電。
In 2023, XPeng will offer such supercharging stations in key cities and along core highways. By 2025, XPeng expects to add 2,000 ultra-fast charging stations.
2023年，小鵬汽車-W將在重點城市和核心公路沿線建設這樣的超級充電站。到2025年，小鵬汽車-W預計將增加2000個超快充電站。
The team reiterated its Overweight rating and $41 price target for XPeng, which closed down 2.51 percent to $22.91 on Tuesday in the US The price target implies a 79 percent upside.
該團隊重申了對小鵬汽車-W的增持評級和41美元的目標價，週二，美股收盤下跌2.51%，至22.91美元，目標價暗示上漲79%。
XPeng shows off ultra-fast charging tech that can give vehicles 210 km range in 5 minutes
小鵬汽車-W展示了超快充電技術，可以在5分鐘內讓車輛行駛210公里
譯文內容由第三人軟體翻譯。