Xpeng was co-founded in 2014 (Xpeng website says 2015) by Henry Xia (Xia Heng) and He Tao, former senior executives at GAC Group with expertise in automotive technology and R&D. Initial backers included He Xiaopeng (now Chairman of Xpeng), founder of UCWeb and former Alibaba executive, 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.
XPeng's two BEV models (G3 SUV and P7 sedan)
Management and top ten shareholders
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