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.
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