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XPENG Motors' first production car named G3 is an electric vehicle with intelligent ADAS functions such as automatic parking, etc.
| Announcement Date | Funding Round | Funding Raised | Lead Investor(s) |
|---|---|---|---|
| Aug. 2, 2018 | Series B | 575.00M | Morningside Venture Capital, Primavera Capital Group |
| Feb. 6, 2018 | Series B | 43.00M | HON HAI PRECISION |
| Jan. 19, 2018 | Series B | 320.00M | Alibaba Group, Foxconn Technology Group, IDG Capital, etc. |
| Dec. 13, 2017 | Series A | 15.00M | Alibaba Group, GGV Capital, Matrix Partners China, etc. |
| Jun. 12, 2017 | Series A | 320.00M | UCAR |
| Mar. 28, 2016 | pre-A | 42.00M | N/A |
| Apr. 27, 2015 | Angel Round | 7.00M | Weilight Capital, Ziniu Startup Capital |
The registered capital of the company is CNY 474 million, and the major shareholder is Xpeng Motors, with a shareholding of 73.84%.
Many car companies are transforming from manufacturers to travel service providers, and they will face many challenges.
More than 120 people have completed intention payment in the past month, Xpeng also revealed plans to open up access to licensing business leads in areas such as supercharger stations.
Statistics from the venture capital database CB Insights shows that XPENG Motors, a Chinese EV start-up, has a valuation of about US$ 3.65 billion.
Zhao graduated from the prestigious Pforzheim University in Germany in 2009. He has joined BAIC as the design director of ARCFOX.
Earlier this month the president of Xpeng Motors talked about intelligent vehicle control system at the "New Kinetic Era GIIS 2019 summit" organized and sponsored by EqualOcean.
At the ceremony, XPeng Motors came with Its G3 Model. Xiaheng, Co-founder and President of the company, attended as an automobile graduate from Tsinghua University.
The co-founder and president of XPeng Motors, Xia Heng, spoke at the 2nd EICV Industry Innovation Summit in Shanghai. The summit was organized and sponsored by EqualOcean.
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