Investing.com-- Shares of Chinese electric vehicle (EV) maker Xpeng Inc (NYSE: XPEV ) (HK: 9868 ) rose on Wednesday after CEO He Xiaopeng announced plans to integrate advanced smart driving systems and introduce 5C fast charging technology to its mass-market models.

Speaking at a media briefing, He said Xpeng aims to bring 5C fast charging—capable of adding hundreds of kilometers of range in minutes—to vehicles priced around 200,000 yuan ($27,351), a move expected to enhance competitiveness in China’s crowded EV market.

5C fast charging means the battery can be charged at five times its capacity, allowing a full charge in about 12 minutes.

Hong Kong-listed shares of the company jumped 3.8% to HK$76.05 as of 03:00 GMT.

The company also confirmed that smart-assisted driving features were now standard on its G6 and G9 SUVs.