Abdul Samad Rabiu
Founder and Chairman, BUA Group
Chairman and CEO of Xpeng Inc.
He Xiaopeng is a visionary Chinese entrepreneur and technology pioneer, best known as the co-founder and Chairman of Xpeng Inc., a leading smart electric vehicle manufacturer. Prior to his significant impact on the EV industry, he co-founded UCWeb, a mobile internet company that grew into China's largest mobile browser provider before its acquisition by Alibaba Group. His career embodies a relentless pursuit of innovation, transitioning from mobile internet to revolutionizing personal mobility with intelligent automotive technologies.
He Xiaopeng was born in October 1977 in Hubei Province, People's Republic of China. Growing up during a period of significant economic and technological transformation, he developed an early fascination with computing and software. This foundational curiosity, coupled with societal shifts towards digitalization, set the stage for his eventual rise as a prominent figure in China's tech industry. While specific details about his immediate family and childhood remain largely private, his upbringing is understood to have instilled in him a strong work ethic and an ambitious drive for innovation.
He Xiaopeng pursued his higher education at the South China University of Technology in Guangzhou, Guangdong Province. He enrolled in the Computer Science program, a field rapidly gaining prominence. During his studies, he acquired a comprehensive understanding of software development, network architecture, and computing principles, earning a Bachelor's degree in Computer Science. This academic background provided him with the technical expertise and theoretical knowledge crucial for his subsequent ventures in the internet and automotive industries, equipping him with a systematic approach to problem-solving and an analytical mindset.
He Xiaopeng's professional career began in the early 2000s, where he honed his skills in software development. His entrepreneurial spirit quickly led him to recognize the immense potential of the burgeoning mobile internet sector in China.
In 2004, He Xiaopeng co-founded UCWeb Inc. (优视科技) alongside Liang Jie. Their vision was to create a superior mobile browser experience at a time when mobile internet access was nascent and often cumbersome, especially in emerging markets. UCWeb developed the UC Browser, which distinguished itself through its data compression technology, making it faster and more affordable for users with limited bandwidth. Under He Xiaopeng's leadership as CEO, UCWeb rapidly grew to become the largest mobile browser provider in China and gained significant traction in India, Indonesia, and other developing countries. The company's innovative approach to user experience propelled it to become a formidable player in the global mobile internet landscape.
The success of UCWeb attracted major technology conglomerates. In June 2014, Alibaba Group Holding Limited acquired UCWeb in what was, at the time, the largest internet merger in Chinese history, valued at approximately US$4.3 billion. Following the acquisition, He Xiaopeng joined Alibaba Group, taking on significant leadership roles as President of the Alibaba Mobile Business Group and later President of Alibaba Games. His tenure at Alibaba provided him with invaluable experience in managing large-scale operations and navigating the complexities of a global tech giant.
Despite his prominent position at Alibaba, He Xiaopeng harbored a deep-seated passion for the automotive industry, particularly the emerging field of smart electric vehicles (EVs). He saw an opportunity to apply internet thinking and technology innovation to redefine personal mobility. In 2014, while still at Alibaba, he made an early investment in Xiaopeng Motors (later rebranded as Xpeng Inc.), a startup focused on intelligent EVs. In August 2017, driven by his conviction that smart EVs would be the next frontier of technological disruption, He Xiaopeng resigned from his executive roles at Alibaba Group to fully dedicate himself to Xpeng Inc. He assumed the position of Chairman and Chief Executive Officer, committing his full energy and resources to building a world-class smart EV company.
Under his direct leadership, Xpeng Inc. embarked on an ambitious journey to develop full-stack in-house capabilities, focusing on core technologies such as autonomous driving software, smart cockpit systems, and electric powertrain solutions. Xpeng launched its first production model, the G3 SUV, in 2018, followed by the P7 smart EV sedan in 2020, which quickly became a strong competitor. The company's commitment to innovation, particularly in advanced driver-assistance systems (ADAS) and over-the-air (OTA) updates, differentiated it in the market. Xpeng Inc. achieved significant milestones with its successful initial public offering (IPO) on the New York Stock Exchange (NYSE) in August 2020, raising approximately US$1.5 billion. This was followed by a dual primary listing on the Hong Kong Stock Exchange (HKEX) in July 2021, further solidifying its financial position for continued research and development. He Xiaopeng continues to lead Xpeng, driving its expansion into international markets and pushing the boundaries of intelligent mobility solutions.
He Xiaopeng's career is marked by several transformative achievements. His first major success was the co-founding and leadership of UCWeb Inc., which he grew into the largest mobile browser provider in China and a significant player in international emerging markets. The successful acquisition of UCWeb by Alibaba Group in 2014, one of China's largest internet mergers, stands as a testament to his vision and execution. His second, and arguably more impactful, achievement is the establishment and scaling of Xpeng Inc. as a leading smart electric vehicle manufacturer. By fully committing to Xpeng in 2017, He Xiaopeng spearheaded the company's rapid development, overseeing the design, production, and market launch of multiple innovative EV models. His strategic emphasis on full-stack in-house research and development, particularly in autonomous driving software and smart cockpits, positioned Xpeng as a technological frontrunner in the global EV industry. The successful dual listings of Xpeng on the NYSE in 2020 and the HKEX in 2021 underscore his ability to attract significant investment and navigate complex financial markets, solidifying Xpeng's position as a major competitor. He Xiaopeng has played a pivotal role in accelerating the adoption of intelligent electric vehicles and advancing China's capabilities in high-tech manufacturing.
He Xiaopeng maintains a relatively private personal life. It is known that he is married and has children, although specific details regarding his spouse and family members are not widely disclosed to the public. Despite his demanding schedule as the CEO of a rapidly growing global company, He Xiaopeng has occasionally spoken about the importance of family and maintaining a balance between his professional ambitions and personal well-being. His public persona is primarily focused on his business ventures and technological vision.
He Xiaopeng's legacy is firmly entrenched in his dual role as a pioneer in both the mobile internet and smart electric vehicle industries in China. Through UCWeb, he democratized mobile internet access for millions by offering an efficient and accessible browsing experience. This early success laid the groundwork for his later, more ambitious venture. With Xpeng Inc., He Xiaopeng is actively shaping the future of personal transportation. His unwavering commitment to full-stack technological independence, especially in autonomous driving and intelligent vehicle systems, has positioned Xpeng as a significant force in the global shift towards sustainable and smart mobility. He represents a new generation of Chinese entrepreneurs who are actively innovating and leading in cutting-edge fields. His entrepreneurial journey serves as an inspiration for aspiring technologists and business leaders, demonstrating the power of vision, resilience, and a relentless pursuit of innovation. His contributions will be remembered as instrumental in advancing China's technological prowess and its standing in the global automotive landscape.
Born in Hubei Province, China.
Graduates with a Bachelor's degree in Computer Science.
Co-founds UCWeb Inc. alongside Liang Jie and serves as its CEO, growing it into China's largest mobile browser provider.
UCWeb is acquired by Alibaba Group. He Xiaopeng joins Alibaba as President of Alibaba Mobile Business Group and later President of Alibaba Games, while also making an early investment in Xiaopeng Motors.
Resigns from Alibaba to fully commit to Xpeng Inc., assuming the roles of Chairman and Chief Executive Officer.
Xpeng launches its first production model, the G3 intelligent SUV.
Launches the P7 smart EV sedan and completes Initial Public Offering (IPO) on the New York Stock Exchange (NYSE).
Achieves a dual primary listing on the Hong Kong Stock Exchange (HKEX).
Xpeng launches its flagship G9 smart SUV.
Continues to lead Xpeng's technological development, product expansion, and international market entry.
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