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XPeng
Guangzhou Xiaopeng Motors Technology Co., Ltd., Trade name, trading as XPeng Motors ( zh, c=小鹏汽车, p=Xiǎopéng Qìchē), commonly known as XPeng, is a Chinese electric vehicle manufacturer. The company is headquartered in Guangzhou, Guangdong, with offices in Mountain View, California, United States and Munich, Germany. XPeng stock is publicly traded on the New York Stock Exchange and the Hong Kong Stock Exchange. History XPeng was co-founded in August 2014 by Xia Heng (Henry Xia) and He Tao, former senior executives at GAC Group with expertise in automotive technology and research and development. Initial backers included: the founder of UCWeb and former Alibaba Group, Alibaba executive He Xiaopeng, namesake and current Chairman of XPeng, and Lei Jun, the founder of Xiaomi. Prominent Chinese and international investors included Alibaba, Foxconn and IDG Capital. A further funding round in 2018 saw Alibaba's vice president Joseph Tsai join the corporate board of XPeng. ...
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He Xiaopeng
He Xiaopeng (; born 3November 1977) is a Chinese entrepreneur, best known for co-founding companies including XPeng Motors, an intelligent electric vehicle manufacturer, and UCWeb, 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 merger and acquisition deal ever in the 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 22 August 2017, Xiaopeng left Alibaba and officially joined XPeng Motors on 29 August as chairman of the startup. Early life and education Born in Huangshi, Hubei, where he spent his childhood. He graduated from the South China University of Technology with a bachelor's degree in computer science. Career Early career He worked at AsiaInfo Technologies in various roles including technology manager, testing manager and project m ...
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Xia Heng
Xia Heng ( zh, 夏珩; born 7 November 1983) or Henry Xia is a Chinese entrepreneur. He co-founded the Chinese battery-electric car company XPeng Motors. Early years Heng studied automobile engineering at Tsinghua University and earned a master's degree in 2008 after 6 years there. Prior to co-founding XPeng Motors, Henry served as the supervisor for the New Energy Vehicle Control Section, a research and development team, at Guangzhou Automobile Group. He received multiple awards in research, innovation and management during his time at Guangzhou. Heng has worked as a resident engineer in multiple European countries, has published more than 10 research papers and patents about electric and smart vehicles, and has expertise in electric and smart vehicle controls, vehicle integration and project management. XPeng Motors In 2014, Heng co-founded XPeng Motors with a small group of vehicle and IT experts. Heng is tasked with the company's strategic planning and product architec ...
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Wang Fengying
Wang Fengying (born October 1970) is a Chinese businesswoman. She is the president of XPeng Motor, and former CEO of Great Wall Motor. Wang Fengying was born in Baoding in Hebei province in the north of China. In 1991, Wang earned a bachelor's degree from the Tianjin Institute of Finance, followed by a M.Sc. (majoring Finance) in 1999. Wang joined Great Wall Motor in 1991, aged 21. In 2003, she became the chief executive (CEO) of Great Wall Motor. In 2017, she was assessed as being the 62nd most powerful woman in the world by ''Forbes''. In March 2018, speaking to the National People's Congress The National People's Congress (NPC) is the highest organ of state power of the People's Republic of China (PRC). The NPC is the only branch of government in China, and per the principle of unified power, all state organs from the Sta ..., she presented her views about the Great Wall Motor's aim to double their vehicle sales by 2025 to 2 million units annually, helped by t ...
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Volkswagen Group
Volkswagen AG (), known internationally as the Volkswagen Group, is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery. Headquartered in Wolfsburg, Lower Saxony, Germany, and since the late 2000s is a publicly traded family business owned by Porsche SE, which in turn is half-owned but fully controlled by the Austrian-German Porsche and Piëch family. The company also offers related services, including financing, leasing, and fleet management. In 2024, it was the world's second-largest automaker by sales. It has maintained the largest market share in Europe for over two decades. It ranked 11th in the 2024 ''Fortune'' Global 500 list of the world's largest companies. In 2024, Volkswagen Group was the largest company in the European Union and the largest car manufacturer in the world by revenue. The Volkswagen Group sells passenger cars under the Audi, Bentley, Cupra, Jetta, Lamborghini, Pors ...
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Research And Development
Research and development (R&D or R+D), known in some countries as OKB, experiment and design, is the set of innovative activities undertaken by corporations or governments in developing new services or products. R&D constitutes the first stage of development of a potential new service or the production process. Although R&D activities may differ across businesses, the primary goal of an R&D department is to new product development, develop new products and services. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. R&D is crucial for acquiring larger shares of the market through new products. ''R&D&I'' represents R&D with innovation. Background New product design and development is often a crucial factor in the survival of a company. In a global industrial landscape that is changing fast, firms must continually revise their design and range of ...
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UCWeb
UCWeb Inc. (also known as UC Mobile) is a Chinese mobile Internet company that offers products and services that include mobile browser, UC News, and search engine services. Its flagship product, UC Browser, topped the Chinese, Indonesian and Indian markets in 2013. Description UCWeb was founded in 2004 as a mobile browser maker. Over the past decade, it diversified to areas such as mobile search, mobile gaming, mobile reading, etc. According to iResearch, in 2014, the company's UC Browser was the most popular browser of its kind in China, with more than 66% market share. It's available in 11 languages (English, Hindi, Russian, Indonesian, Vietnamese, etc.) and on all major mobile OS platform (iOS, Android, Windows Phone, Java ME, Blackberry, etc.). As of March 2014, UC Browser had over 500 million users around the globe. In April 2014, UCWeb and Alibaba Group jointly announced the formation of a JV named Shenma Inc. () that offers a mobile-only search engine in China ...
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Alibaba Group
Alibaba Group Holding Limited, branded as Alibaba (), is a Chinese Multinational corporation, multinational technology company specializing in E-commerce in China, e-commerce, retail, Internet, and technology. Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer, digital media and entertainment, logistics, and cloud computing services. It owns and operates a diverse portfolio of companies around the world in numerous business sectors. On 19 September 2014, Alibaba's American initial public offering (IPO) on the New York Stock Exchange raised US$25 billion, giving the company a market value of US$231 billion and, by far, then the largest IPO in world history. It is one of the top 10 most valuable corporations, and is named the 31st-largest public company in the world on the Forbes Global 2000, ...
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Lei Jun
Lei Jun (born 16 December 1969) is a Chinese billionaire entrepreneur, computer engineer, and nonpartisan congressman. He is known for being the founder, chairman, and CEO of the consumer electronics company Xiaomi. He also serves as the chairman of Kingsoft and Shunwei Capital. Lei has been serving as congressman of the National People's Congress since 2013. As of May 2025, Lei's net worth was estimated at US$42.6 billion by ''Forbes'', ranking him 33rd worldwide. Early life and education Lei was born on 16 December 1969 in the city of Xiantao, Hubei, China. Both of his parents were teachers; his father made $7 a month. As a child, he was interested in electronics and liked disassembling and re-assembling radios, which was encouraged by his father. He made the first electric lamp in his village using two batteries, a bulb, a self-made wooden box, and some wires. In 1987, he graduated from Hubei Provincial Mianyang High School () and started to attend Wuhan University. ...
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Xiaomi
Xiaomi (; ) is a Chinese multinational corporation and technology company headquartered in Beijing, China. It is best known for consumer electronics software electric vehicles. It is the second-largest manufacturer of smartphones in the world, behind Samsung, most of which run on the Xiaomi HyperOS (former MIUI) operating system. The company is ranked 338th and is the youngest company on the ''Fortune'' Global 500. It has been called the "Apple of China". Xiaomi was founded in 2010 in Beijing by Lei Jun along with six associates. Lei had founded Kingsoft as well as Joyo.com, the latter of which he sold to Amazon for $75 million in 2004. In August 2011, Xiaomi released its first smartphone and, by 2014, it had the largest market share of smartphones sold in China. Initially the company only sold its products online; however, it later opened brick and mortar stores. By 2015, it was developing a wide range of consumer electronics. In 2020, the company sold 149.4  ...
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IDG Capital
IDG Capital is an investment and asset management firm, headquartered in Beijing, that specializes in venture capital, private equity, and mergers & acquisitions. History The firm, founded in 1992, was an early investor of Baidu, Tencent, Xiaomi, Meituan, and Qihoo 360. In January 2017, IDG Capital and China Oceanwide Holdings Group acquired International Data Group (IDG) and its subsidiaries, International Data Corporation (IDC), IDG Communications, and IDG Ventures. IDG Capital became the controlling shareholder of IDG Ventures. In March 2017, IDG Capital completed the acquisition of a 20 per cent stake in French Ligue 1 football club Olympique Lyonnais for €100m (US$105.38m). In 2019, Hurun Report has noted, IDG Capital is among the top three investors in Chinese unicorns, with 25 current listed portfolio companies now valued at more than US$1 billion. In May 2021, IDG Capital invested in Bambu Lab, a tech company based in Shenzhen China that produces desktop 3D Print ...
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Foxconn
Hon Hai Precision Industry Co., Ltd. (), Trade name, doing business as Hon Hai Technology Group () in Taiwan, Foxconn Technology Group () in China, and Foxconn () internationally, is a Taiwanese multinational corporation, multinational electronics contract manufacturer established in 1974 with headquarters in Tucheng District, New Taipei City, Taiwan. In 2023, the company's annual revenue reached () and was ranked 20th in the 2023 Fortune Global 500, ''Fortune'' Global 500. It is the world's largest contract manufacturer of electronics. While headquartered in Taiwan, the company earns the majority of its revenue from assets in China and is one of the List of largest employers, largest employers worldwide. Terry Gou is the company founder and former chairman. Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. Notable products manufactured by Foxconn include the BlackBerry, iPad, iPhone, iPod, Amazon Kindle, Kindle, al ...
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