XPeng Inc. (NYSE:XPEV) Q2 2023 Earnings Call Transcript

Charles Zhang: Yeah. Thank you, Ming. It’s Charles. So first of all, when we mass produce the G9, we already provided the customers with the 3C NCM and also LFP battery as a standard configuration. And at the time of the mass production is already the best-in-class and most of the fast-charging technology in the market. And I think it’s still — at this point is still the best-in-class fast-charging technology in the market as well today. So I think that from the consumer perspective, first of all, we believe that the 3C, LFP and NCM battery present a very cost competitive and also fast charging product, and it is still very competitive in the market this year. And to answer your question regarding the charging experiences, I want to clarify, yes, I think that the 3C battery coupled with 800 voltage platform, it can achieve the most fast-charging technology on our 480-kilowatt supercharger.

But I think I also want to clarify that even though on the standard charging ports, I think the 90% of the charging ports in the market also support 800 voltage and also can support fast charging to our 800 voltage and the 3C battery powertrain technology.

Ming-Hsun Lee: Thank you, Charles.

Operator: Thank you. And as this does conclude the question-and-answer session, I would like to turn the call back over to the company for any closing comments.

Alex Xie: Thank you once again for joining us today. If you have further questions, please feel free to contact XPeng’s Investor Relations through the contact information provided on our website or the Piacente Financial Communications.

Operator: Thank you. This concludes today’s conference call. You may now disconnect your lines. Thank you.