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.
摩根士丹利说，越来越多的支持大功率充电的车型将推动电动汽车的采用达到临界质量，这可能会使中国向电动汽车过渡的速度翻一番。
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.
周一，小鹏汽车-W汽车展示了其下一代超快充电技术，将电动汽车(EV)充电提升到一个新的水平，摩根士丹利对此持积极态度。
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.
摩根士丹利分析师Tim Hsiao的团队在周一发给投资者的一份题为《中国大功率充电竞赛已经开始》的研究报告中指出，大功率充电对电动汽车的发展将具有重要的战略意义。
"Aside from charging accessibility, consumers are generally discouraged about the lengthy energy replenishment times," the team wrote.
该团队写道：“除了充电方便之外，消费者通常对漫长的能源补充时间感到气馁。”
"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.
他们补充说：“我们预计，升级到800V的汽车电动、全新的电子(E/E)架构和大功率充电(HPC)将进一步提升用户体验。”
XPeng introduced its ultra-fast charging technology and plans for such stations at a brief launch event on August 15.
8月15日，小鹏汽车-W在发布会上介绍了其超快充电技术和此类站点的计划。
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.
小鹏汽车-W G9的实际测试显示，使用S4增压器，搭载在800伏平台上的G9可以在5分钟内行驶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.
小鹏汽车-W董事长兼首席执行官何晓鹏表示，该公司的S4增压机最大功率为480千瓦，最大电流为670安，峰值充电功率为400千瓦，超过了特拉斯的V3增压和保时捷的涡轮增压。
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.
小鹏汽车-W已经将其第一个配备S4增压机的加油站投入运营，并计划今年在G9订单量最大的10个城市重点建设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.
肖的团队认为，市场上越来越多支持大功率充电的车型也将推动电动汽车的采用达到临界质量，这可能会使中国向电动汽车过渡的速度翻一番。
However, infrastructure could soon become a bottleneck, the team noted.
然而，该团队指出，基础设施可能很快就会成为瓶颈。
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.
该团队表示，目前市场上还没有成熟的大功率充电站，因此汽车制造商将需要从头开始建设，这将需要更长的时间来扩大规模。
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/480千瓦时增压的普及将需要中国电网的升级。与此同时，据该团队称，作为高功率充电架构的关键组件，SIC的高成本仍然是快速采用的障碍。
Starting with the G9, XPeng will try to make all models, including the refreshed models, support ultra-fast charging, the company said Monday.
该公司周一表示，从G9开始，小鹏汽车-W将努力使所有机型，包括更新后的机型，都支持超快充电。
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，小鹏汽车-W将在重点城市和核心公路沿线建设这样的超级充电站。到2025年，小鹏汽车-W预计将增加2000个超快充电站。
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.
该团队重申了对小鹏汽车-W的增持评级和41美元的目标价，周二，美股收盘下跌2.51%，至22.91美元，目标价暗示上涨79%。
XPeng shows off ultra-fast charging tech that can give vehicles 210 km range in 5 minutes
小鹏汽车-W展示了超快充电技术，可以在5分钟内让车辆行驶210公里
译文内容由第三方软件翻译。