XPeng Motors(小鹏汽车)
Fast facts
- Year Founded
- 2016
Source: Xpeng Websiteen.xiaopeng.com/about.html
- HQ Location
- Guangzhou, Guangdong, China
- Publicly Traded?
- No
Source: XPeng Websiteir.xiaopeng.com/stock-information/default.aspx
- Overseas Operations
- Yes
Xpeng has R&D center in Silicon Valley and San Diego. The vast majority of XPeng's sale is in China, but the company began to expand overseas market and began to export to Europe in late 2020.Source: Xpeng Websiteen.xiaopeng.com/about.htmlwww.xiaopeng.com/news/news_info/3683.html
- US Sanctions
- No
- Military Affiliation in China
- No
Revenue
2019Source: U.S. Securities and Exchange Commissionwww.sec.gov/Archives/edgar/data/1810997/000119312520212871/d890887df1.htm
*2019
Valuation
Valuation is reported as enterprise value.Source: Yahoo Financefinance.yahoo.com/quote/XPEV/key-statistics
*Valuation is reported as enterprise value.
Employees
Source: U.S. Securities and Exchange Commissionwww.sec.gov/Archives/edgar/data/1810997/000119312520212871/d890887df1.htm
Smart EV maker Xpeng (小鹏) was founded in August 2014 by former Alibaba executive and namesake He Xiaopeng 何小鹏. The company is headquartered in Guangzhou with an office in Mountain View, California. The senior executive team consists of former employees of Guangzhou Auto, a top Chinese manufacturer, Ford, BMW, and Tesla.
In addition to Alibaba, which currently owns a 14% stake in the startup, Xpeng has drawn its employees from many well-known tech giants, including Xiaomi, Tencent, Samsung, and Huawei. Their expertise has helped Xpeng become competitive in smart car technologies.
On November 13, 2019, the startup completed a $400 million Series C financing round with investors including Xiaomi and the company founder, He. On April 13, 2021, the company announced that it was considering making its own semiconductors. Currently, for its P5 model, debuting in the Shanghai Auto Show on April 21, the company buys chips from Nvidia for autonomous driving and from Qualcomm for its in-car digital cockpit.
Source: Xpeng websiteen.xiaopeng.com/about.html
-
- Name
- Ownership
-
- Guangzhou Chengxing Intelligent Electric Cars Technology
Source: Qichachawww.qcc.com/firm/60f83985cf442a0434e827c0445e7a1f.html
- 97.9381%
- Guangzhou Chengxing Intelligent Electric Cars Technology
-
- Guangzhou Kunpeng Kechuang No.1 Venture Capital Partnership
Source: Qichachawww.qcc.com/firm/60f83985cf442a0434e827c0445e7a1f.html
- 2.0619%
- Guangzhou Kunpeng Kechuang No.1 Venture Capital Partnership
- He Xiaopeng, Chairman and CEO
- Xia Heng, Director and Presdient
- Brian Hongdi Gu, Vice Chairman and President
- He Tao, Director and Senior Vice President
- Independent Directors: Liu Qin, Foo Ji-Xun, Yang Fei, Yang Donghao
Source: XPeng Websiteir.xiaopeng.com/governance/senior-management/default.aspx
Xpeng has R&D center in Silicon Valley and San Diego. The vast majority of XPeng’s sale is in China, but the company began to expand overseas market and began to export to Europe in late 2020.
Source: Xpeng Websiteen.xiaopeng.com/about.htmlwww.xiaopeng.com/news/news_info/3683.html
XPeng Motors Sanctions
While at this time it appears that this company is not the subject of any U.S. or other global sanctions, it is important to note that Chinese companies tend to have more opaque organizational structures than their Western peers. Chinese companies’ affiliated brands, operating units, and overseas subsidiaries are not always obvious or even identifiable. Given this, a Chinese company may not be the subject of sanctions, but one of its subsidiaries may be, thus making it difficult to accurately ascertain a company’s full sanctions status.
The latest news on XPeng Motors from SupChina
Why China’s electric vehicles are all over Europe
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China’s electric vehicle makers are eyeing Norway as their first overseas destination — but can they convince Europeans to pay top dollar for cars made in China?
All the electric car companies in China — a guide to the 46 top players in the Chinese EV industry
Updated December 1: Electric vehicles, smart systems to drive them, and advanced batteries to power them are attracting enormous sums of capital and China’s best engineering talent. These are the companies that are fighting for one of the most lucrative markets in the world. Many of them will be global EV players.
Electric vehicles could comprise almost all new car sales in China by 2035
China’s state planners want the country’s auto industry to go all electric as soon as possible. If their current thinking works out, about half of all passenger cars will be powered by batteries or other non-fossil-fuel technologies within 15 years.
Tesla and GM dominate electric car sales in China
Despite tensions with the U.S., American car companies continue to do well in China, and are dominating sales of new energy vehicles.
The global electric car business is about to get very interesting
Ecommerce behemoth Alibaba and Foxconn — the company that manufactured most of the smartphones you’ve ever owned — have led a 2.2 billion yuan ($347.74 million) funding round in Chinese electric car maker Xiaopeng Motors, according to an Alibaba press release.
The latest news on XPeng Motors from across the web
NIO, XPeng, and Li Auto’s Deliveries for May Are Good Enough. The Stocks Rise.
The three Chinese EV companies delivered 28,645 in May, up from 18,243 vehicles delivered in April.
工信部发布新一批免征车辆购置税新能源汽车车型目录 小鹏P5等在列
The Ministry of Industry and Information Technology released a list of electric vehicle models exempt from sales tax. Xpeng Motors’ popular P5 is included.
Xpeng Unveils Plan for $150,000 Flying Car
On launching the design of its new vehicle, which it says it will mass produce by 2024, the Tesla challenger is running up against criticism that its plans are unrealistic
China’s Electric-Vehicle Ambitions Are No Pipe Dream
After years of living off subsidies, Chinese EV makers are starting to compete on technology and product design. Foreign competitors need to watch their backs.
How smart is an electric car? Xpeng’s P5 can read traffic lights
Xpeng topped JD Power’s survey about car owners’ experience with 42 in-vehicle technologies, scoring 615 while Tesla came second at 597 and Li Auto was third at 577.
Alibaba-Backed XPeng Shows Off Its Latest Flying-Car Prototype
Money-losing Chinese EV-maker aims to grab a slice of the increasingly competitive market
Tesla Rival Li Auto Launches $2 Billion Hong Kong Share Sale
Electric-car maker Li Auto kicked off a near-$2 billion stock offering in Hong Kong, joining a string of U.S.-listed Chinese companies in tapping investors closer to home.
Xpeng Becomes Latest Chinese Electric-Car Maker to Seek U.S. IPO
Filing comes a week after peer Li Auto’s strong debut on Nasdaq
Xpeng Shares Skid in Hong Kong Debut Amid China Tech Fallout
EV-maker’s stock falls more than 8% as investors fled from any company deemed to be at risk from a widening government crackdown
China Car Sales Fall With Chips in Short Supply
China’s car sales snapped an 11-month streak of year-over-year growth as demand bolstered by a strong economic recovery collided with a global semiconductor shortage.
Chinese EV Maker XPeng Makes Debut in Hong Kong
With uncertainty clouding Chinese listings in the U.S., the rival to Tesla and NIO obtained a dual-primary listing and raised $1.8 billion
Update: Tesla-Rival Xpeng Targets $1.8 Billion in Hong Kong Listing
The Chinese company issues guideline price of HK$165 per share ahead of its planned dual primary listing in Hong Kong, source says
Chinese Tesla rival Xpeng to raise up to $2bn via Hong Kong IPO
First case of US-listed mainland EV maker selling shares closer to home
EV Maker Xpeng Seeks Hong Kong Listing of Up to $1.97 Billion
New York-traded electric-vehicle maker Xpeng Inc. is looking to raise as much as $1.97 billion for a listing in Hong Kong, putting it on track to be the first Chinese EV producer to complete a so-called homecoming share sale.
Chinese EV Maker XPeng Plans to List in Hong Kong
The rival to NIO is targeting a July debut and aims to raise up to $2 billion, a person familiar with the situation said.
China's EV maker Xpeng files for Hong Kong listing
Chinese electric vehicle maker Xpeng Inc (XPEV.N) filed for a dual primary listing on the Hong Kong Stock Exchange on Wednesday.
As Cars Go Electric, China Builds a Big Lead in Factories
Fueled with money from Wall Street and local officials, automakers plan to build eight million electric cars a year there, more than Europe and North America combined.
Ford Adds Made in China Label to the Mustang
The auto maker will build its iconic Mustang vehicles in China for the first time, as it tries to reconnect with Chinese consumers.
China’s Tesla challengers rev up for busy 2021, with electric car sales set to surge
The China Association of Automobile Manufacturers sees sales of new-energy vehicles topping 1.8 million units next year, compared to an estimated 1.29 million for the whole of 2020.
China's Xpeng Motors shares pop 40% in bumper New York IPO
Xpeng Motors soared more than 40% in its debut on the New York Stock Exchange on Thursday.
BlackBerry makes China push as the OS for Xpeng smart cars
The once-pioneering BlackBerry is pretty much out of the smartphone manufacturing game, but the Canadian company has been busy transitioning to providing software for connected devices, including smart cars. Now it has brought that section of its business to China. This week, BlackBerry announced that it will be powering the Level 3 driving domain controller […]
Chinese electric vehicle maker Xpeng raises another $300 million, sources say
Chinese electric vehicle (EV) maker Xpeng Motors has raised an additional $300 million from investors including Qatar’s sovereign wealth fund, people familiar with the matter said.
China’s EV startup Xpeng pulls in $500 million Series C+
Xpeng, an electric vehicle startup run by former Alibaba executive He Xiaopeng, said Monday it has raised around $500 million in a Series C+ round to further develop models tailored to China’s tech-savvy middle-class consumers. The announcement followed its Series C round of $400 million closed last November. A source told TechCrunch that the company’s […]
Xpeng brings in Xiaomi as strategic investor in $400 million Series C · TechNode
Xpeng’s hefty haul comes against a macro-industrial backdrop of falling sales after subsidies for electric vehicles were cut.
China’s Tesla wannabe Xpeng starts ride-hailing service – TechCrunch
There’re a lot of synergies between electric vehicles and ride-hailing. Drivers are able to save more steering an EV compared to a gas vehicle. Environmentally conscious consumers will choose to hire an electric car. And EVs are designed with better compatibility with autonomous driving, which is expected to hit public roads in the coming decades. […]
This Chinese EV startup could end the year remarkably close to Tesla on sales in China
NIO, Tesla’s competitor in China, is on track to deliver 10,000 cars this year, setting a milestone for a brand-new Chinese electric vehicle maker.
