Xiaopeng He: [Foreign Language] Thank you for your question. Definitely, when we need to adopt multi model perception fusion and use higher level algorithms, definitely it will require more computing power. However, we were already very successful with our XNGP even using 30 TOPS computing power. And nowadays, we actually have 512 TOPS computing power. So definitely, we believe that we are very sufficient. And actually, you can expect to hear more about our ways to reduce cost while building up our intelligent driving power on our Tech Day this year on October 24. And one of the key things I’m going to talk about is how we can drive down our production cost using technological innovation and management innovation as well on an operational level.
For example, in terms of computing power, we are actually right now thinking about how to utilize the electronic and also electric architecture to drive down our — to improve our efficiency by using maybe one PCBA and also two SoC to do everything together. This is just an example, and you can expect to hear — actually hear more on our tech day. Thank you.
Paul Gong: Thank you very much. Quite helpful. Thank you.
Operator: Thank you. And the next question comes from Bin Wang with Credit Suisse.
Bin Wang: [Foreign Language] My one question is about 2024 new products. You also mentioned that you were producing one self-driving car in the pricing range around RMB150,000. So it’s going to be a product slightly lower than the G6, for example, called G5? Thank you.
Brian Gu: Hey, Bin. This is Brian. We have planned for two new model launch next year, but specifics, I will not be providing this at this moment. Obviously, but we envision those all will be large volume drivers for growth as well, likely to be launched in the second half.
Bin Wang: Thank you.
Operator: Thank you. And the next question comes from Xinchi Yin with CITIC Securities.
Xinchi Yin: [Foreign Language] So my question — my number one question is about our guidance on the product pipeline on the second half. So what will be the exact release date of the MPV XPeng? And could you provide more information on the MPV in details? For example, the price, the size and the cruising ranges, et cetera? And my number two question is about the strategic collaboration. So apart from Volkswagen, is or will there be any other OEMs that are looking forward to have collaborations with Xiaopeng. And what is our attitude or the potential collaboration opportunities in the futures? Thank you.
Xiaopeng He: [Foreign Language] Let me take the first question. First of all, the development of our upcoming seventh seater has been going really well. So we expect to follow our original plan, which is to debut the car in late Q4. We don’t expect to deliver it in a mass scale by the end of the year, but starting from next year, we expect to have mass deliveries. And we definitely will prepare the supply chain well enough for this car learning from previous experience. In regards to the details about the cars, unfortunately, I’m not able to give you too much information. However, several things I can talk about here. First of all, it’s supported by the SEPA 2.0 platform, which means that in terms of its intelligence and also the whole car integration, it is of the same logic as G6.
And the second benefit of this car or selling point is its spaciousness. It is huge, especially its inner space, I would say that we expect it to be the biggest in terms of its inner space of the same vehicles and models of the same price point. And another big advantage to it is it’s handling and drivability. It is very — it offers top-notch driving experience. That’s all I can say for now. Thank you.
Charles Zhang: All right, Xinchi, this is Charles here. I’ll address your second question. So first of all, our strategic partnership with Volkswagen Group is a long-term and a win-win partnership, and we see — we have highly complementary strength to bring to this partnership. And our collaboration on G9 is only a start, and we see there are other opportunities that we can collaborate in the future. And we believe that such — we actually created the first-of-its-kind like a collaboration business model on the full stack platform and the software technologies. So I think that in terms of the collaboration potentially with other parties, I think that we remain open-minded but also in the meantime, we will be very selective. We were looking to the strategic value and also commercial value that can bring to us and also bring to our partners.
Xinchi Yin: [Foreign Language]
Operator: Thank you. And the next question comes from Yuqian Ding with HSBC.
Yuqian Ding: [Foreign Language] The first question is to ask when the management would think would be the iPhone 4 moment for autonomous driving. It looks like the big data would exhausted the corner case eventually, but to truly achieve hands-off and eyes-off and minds-off, does that require regulatory support? Or is the technology just naturally mature to no engagement per million miles?
