He Xiaopeng

He Xiaopeng (Chinese: 何小鹏; pinyin: Hé Xiǎopéng; born 3 November 1977) is a Chinese entrepreneur, best known for co-founding companies including Xpeng Motors, an intelligent electric vehicle manufacturer, and UCWeb Inc.,[3] 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.[4][5] 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.

He Xiaopeng
何小鹏 / Hé Xiǎopéng
He Xiaopeng during a public event.png
Born (1977-11-03) 3 November 1977 (age 43)
Alma materSouth China University of Technology
OccupationChairman of Xpeng Motors[1]
Known forCo-founding UCWeb and XPENG Motors
Net worth$3.8 billion (2020)[2]

On August 22, 2017, Xiaopeng left Alibaba and officially joined Xpeng Motors on August 29 as Chairman of the startup.[6][1]

Early life and educationEdit

Born in Huangshi, Hubei, where he spent his childhood. He graduated from the South China University of Technology[7] with a bachelor degree in Computer Science.


Early careerEdit

He worked at AsiaInfo Technologies in various roles including technology manager, testing manager and project manager after graduation in his early career.

UCWeb: 2004-2017Edit

He co-founded UCWeb with Liang Jie in 2004 overseeing the company product strategy and R&D efforts. In June 2014, UCWeb was acquired by e-commerce giant Alibaba Group for $4,3 billion making He Xiaopeng a billionaire. From 2014 to August 2017, Xiaopeng served as senior executive of Alibaba Mobile Business Division.[8] On August 22, 2017, Xiaopeng officially announced his resignation from all his positions in Alibaba to start a new adventure and lead startup XPENG Motors.[9]

Xpeng Motors: 2017-presentEdit


In 2014, He Xiaopeng supported Henry Xia and He Tao in the foundation of Xpeng Motors, an electric self-driving vehicle automobile company.[10][11] The company received initial investments from Li Xueling, Fu Sheng, Wu Xiaoguang, Zhang Ying, and other investors to work on autonomous driving engineering and machine learning.[12] Xpeng's stated goal was to manufacture networked cars in China with capabilities like electrification, intelligence, networking and autonomous driving.[13] In September 2016, Xpeng Motors released the beta version of its prototype G3 intelligent electric mini-SUV in Beijing. The car received positive reviews for its design, performance and technology.[14][15] He became full-time Chairman of Xpeng in August 2017.

Xpeng Motors currently manufactures its G3 intelligent electric SUV in China, and distributes and supports its vehicles through a chain of retail and service centers across the country. The company's P7 intelligent electric sports coupe model is scheduled to come to market in the spring of 2020.


  1. ^ a b "XPENG Motors Completes Three Series A+ Financing Rounds". FinSMEs. 2017-12-18. Retrieved 2018-03-03.
  2. ^ https://www.forbes.com/profile/he-xiaopeng/#60453fff7977
  3. ^ company profile, BusinessWeek
  4. ^ Alibaba to buy out UCWeb in China's biggest internet merger, Reuters, June 11, 2014
  5. ^ Alibaba Fully Buys Out UCWeb in China's Biggest Internet Deal Ever, Forbes magazine, June 11, 2014
  6. ^ "Alibaba invests in Xpeng Motors". Gasgoo. 2017-12-13. Retrieved 2018-03-03.
  7. ^ 网络光芒——中国互联网的力量与信心 [Network Superstars: The Power and Confidence Behind the Chinese Internet] (in Chinese). DynoMedia Inc. 2010. pp. 92–95. ISBN 978-7-111-28770-4.
  8. ^ Shumin, Liao. "Alibaba's Investment in XPENG Underscores BAT's NEV Race". Forbes. Retrieved 2018-03-06.
  9. ^ "Ali entered the new car BAT Xiaopeng investment field repairer". Forbes. Retrieved 2018-03-06.
  10. ^ "Archived copy". Archived from the original on March 19, 2016. Retrieved March 21, 2016.CS1 maint: archived copy as title (link)
  11. ^ "Chinese electric car startup Xiaopeng raises $350 million from Alibaba and Foxconn". Techstartups.com. Retrieved 2018-03-06.
  12. ^ "He Xiaopeng: the car repairer is Xiaopeng either cross or filled crater | waonews". www.waonews.com. Retrieved 2018-03-06.
  13. ^ "Alibaba-Backed He Xiaopeng Bets Entire Fortune On Another "Tesla Killer" | CleanTechnica". cleantechnica.com. Retrieved 2018-03-06.
  14. ^ "China's e-car players are plugged in and ready to go". Retrieved 2018-03-06.
  15. ^ "CES 2018: XPeng G3 takes on Tesla - Car Design News". Retrieved 2018-03-06.