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He Xiaopeng is a Chinese entrepreneur, best known for co-founding companies including XPENG Motors, an intelligent electric vehicle startup and UCWeb Inc. and the Chinese mobile Internet software and service provider he co-founded in 2004. UCWeb was acquired by Alibaba Group in June 2014 in the largest M&A deal ever in Chinese internet industry. After acquisition, he was named as president of UCWeb and president of the Alibaba Mobile Business Group, and later served as the president of Tudou & Ali Games.
On August 22, 2017, Xiaopeng left Alibaba and officially joined XPENG Motors on August 29 as CEO of the startup. Xiaopeng announced that the company is working on manufacturing networked cars in China with capabilities like electrification, intelligence, networking and autonomous driving. In September 2016, XPENG Motors released the beta version of the prototype car in Beijing, which the first internet car available to the people for the test drive. The car received positive reviews for its design, performance and the technology.
The company unveiled their first car intended for sale at Consumer Electronics Show in Las Vegas 2018. As of December 2018 it hasn’t yet delivered a single car. XPENG Motors currently manufactures the G3 at a manufacturing plant owned by Haima in China. The own new manufacturing base is currently under construction. The facility is expected to be completed by the end of 2019.
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