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He Xiaopeng

He Xiaopeng (born November 3, 1977) is a entrepreneur and business executive renowned for his contributions to the and industries, particularly as the co-founder, chairman, and of XPeng Inc., a prominent manufacturer of intelligent s based in , . Born in , Province, He graduated with a in from in 1999, after which he joined AsiaInfo Technologies, where he contributed to the development of large-scale systems from 1999 to 2004. In 2004, he co-founded Inc. with Liang Jie, serving as president of product and leading the creation of , a that became one of China's most popular applications; the company was acquired by in June 2014 for an undisclosed amount estimated at around $2 billion. Following the acquisition, He held senior positions at Alibaba from 2014 to 2017, including president of the Mobile Business Group, chairman of Alibaba Games, and president of Tudou.com. He co-founded in 2014 with He Tao and Xia Heng while at Alibaba, and upon leaving Alibaba in 2017, became its CEO, with a focus on smart electric vehicles and autonomous driving technology. Under He's leadership, achieved a successful on the in 2020, raising $1.5 billion, and a secondary listing on the in 2021; the company has since partnered with , which acquired a 4.99% stake in 2023 for $700 million. As of 2025, He continues to steer toward advancements in and mobility solutions, including the launch of robotaxis for testing in cities, humanoid robots powered by in-house Turing AI chips, and prototypes, positioning the firm as a leader in embodied AI and next-generation transportation. That year, He was recognized on the Hurun Rich List with a of 48 billion (about $6.7 billion), reflecting his status as one of China's wealthiest individuals.

Early life and education

Early life

He Xiaopeng was born on November 3, 1977, in , Province, . He spent his childhood in this industrial city, growing up in a modest family environment amid the provincial setting of during the late 1970s and 1980s. From an early age, He demonstrated a strong passion for , particularly computers, which sparked his lifelong interest in and would shape his future endeavors. This curiosity developed in the context of China's emerging technological landscape following the economic reforms initiated in the late .

Education

He Xiaopeng enrolled at in in 1995, pursuing a in and applications. During his studies, He engaged in foundational coursework in programming and , beginning with basic exercises such as writing his first line of code to output "," which sparked his interest in using to effect change. This curriculum equipped him with essential skills in and application design, aligning closely with the emerging demands of China's industry in the late . While specific extracurricular involvements in tech clubs are not detailed in available records, his academic focus on practical prepared him for the rapid digital expansion that followed graduation. He graduated in July 1999 with his , without noted honors, at a time when 's tech sector was poised for explosive growth in the early 2000s, providing a strong foundation for innovators in software and technologies.

Career

Early career

Following his graduation from with a in , He Xiaopeng joined AsiaInfo Technologies (China) Co., Ltd. in 1999, where his academic background in provided the foundation for his entry into the tech industry. He remained with the company until 2004, progressing through various roles that emphasized and infrastructure during 's burgeoning dot-com era. These positions included technology manager, testing manager, and project manager, involving hands-on work in building and managing systems for telecom and online services. At AsiaInfo, He contributed significantly to early internet projects, notably collaborating with colleague Liang Jie to develop a large-capacity email system tailored for China's expanding digital infrastructure. This work focused on network technologies, addressing the challenges of scalability and reliability in the nascent Chinese landscape amid the global dot-com boom. Such projects highlighted the demands of creating robust software solutions for telecom operators, where He honed practical expertise in coding and . He also gained key skills in , overseeing testing and deployment processes that ensured software stability for high-volume applications. This experience deepened his understanding of China's telecom market, including regulatory and technical hurdles in internet service provision. A notable achievement came in 2000 when AsiaInfo's on granted He shares valued at approximately $30,000, reflecting his early contributions to the company's growth. These entry-level roles, though demanding amid the era's economic volatility, built the technical and managerial acumen that informed his later professional pursuits.

UCWeb

In 2004, He Xiaopeng co-founded Inc. with Liang Jie, drawing on their prior experience at AsiaInfo to address the limitations of China's nascent mobile internet , particularly low-bandwidth networks that hindered for users on feature phones. The company initially concentrated on developing lightweight software solutions optimized for compressed data transmission, enabling faster browsing in resource-constrained environments prevalent across emerging markets. This focus positioned as a pioneer in accessibility during an era when desktop internet dominated and mobile penetration was accelerating rapidly in . UCWeb's flagship product, , was launched shortly after the company's founding in 2004 as a Java-based application tailored for early devices. The browser incorporated proprietary compression technology that reduced page loading times by up to 80% through cloud-based optimization, allowing users to access with minimal usage—critical in regions with expensive or unreliable . By 2010, had achieved significant market dominance, surpassing 100 million global users and capturing over 20% of China's share, particularly among users of low-end devices. This success stemmed from innovations like server-side rendering and adaptive caching, which minimized client-side processing and became hallmarks of UCWeb's approach to efficiency. From 2004 to 2014, expanded aggressively into international markets, including , , and parts of and , where it tailored its compression algorithms to local network conditions and achieved over 100 million s outside by 2013. grew steadily alongside adoption, with the company reporting annual increases driven by partnerships and premium features; by 2013, UCWeb's valuation had reached approximately $1 billion, reflecting its role as a leader in mobile optimization amid the global shift to smartphones. Key innovations during this period included enhancements to UC Browser's cloud acceleration, which further reduced data consumption by 50% or more, solidifying its appeal in bandwidth-scarce emerging economies. As co-founder and president of product of from its inception through 2014, He Xiaopeng oversaw product strategy and R&D, navigating intense domestic competition from rivals like and , who sought to replicate UC Browser's compression edge in the crowded search and space. The company also faced regulatory challenges inherent to China's tightly controlled sector, including compliance with content censorship requirements and obtaining necessary licenses under evolving policies from the Ministry of Industry and Information Technology, which imposed hurdles on foreign data flows and domestic innovation. Despite these pressures, He guided to sustained growth, emphasizing agile development to counter competitive threats. In June 2014, Alibaba Group completed its full acquisition of UCWeb for approximately $4.5 billion, integrating the company into its mobile ecosystem after previously holding a majority stake; this deal marked one of China's largest internet mergers and provided He with a significant exit while bolstering Alibaba's position in mobile browsing.

Alibaba

Following the 2014 acquisition of by , He Xiaopeng joined the company as vice president and assumed leadership of its mobile business operations, leveraging his prior success in developing to drive integration efforts. As president of the Alibaba Mobile Business Group, he oversaw the incorporation of 's assets, including the browser, mobile search, location-based services, mobile gaming, , and mobile reader operations, into 's broader ecosystem. This role positioned him to enhance 's mobile capabilities, with serving as a key entry point for users into the company's platforms like and through seamless integrations that facilitated faster access to shopping and content. Under He Xiaopeng's leadership from 2014 to 2017, the mobile business group expanded 's global footprint, particularly in emerging markets such as , where the browser's data compression technology appealed to users on lower-end devices and contributed to Alibaba's international growth strategy. By 2016, had surpassed 400 million monthly active users worldwide, solidifying its position as the second-most popular globally and supporting Alibaba's shift toward mobile-first services. He also served as chairman of Alibaba Games, promoting distribution via UC platforms, and as president of .com, aiding the consolidation of video streaming within Alibaba's content offerings. These initiatives aligned with Alibaba's overarching strategy, emphasizing synergies between mobile tools, , and entertainment to capture a larger share of user traffic and data. During this period, He Xiaopeng navigated a regulatory landscape marked by increasing government oversight of giants in , including reviews of mergers and market dominance, though major antitrust actions against Alibaba emerged later. His contributions helped Alibaba adapt to these challenges by prioritizing compliant, user-centric innovations amid preparations for its 2014 U.S. IPO and subsequent expansions. In August 2017, He Xiaopeng resigned from all positions at Alibaba, including his roles in the mobile business group, games division, and , to focus full-time on his automotive interests at XPeng Motors, marking a transition from internet software to and intelligent convergence.

XPeng Motors

He Xiaopeng co-founded XPeng Motors in 2014 while serving as vice president at Alibaba, establishing the company with an initial emphasis on developing smart s integrated with autonomous driving technologies. The venture began as a startup focused on leveraging internet and expertise to innovate in the (EV) sector, aiming to create vehicles with advanced connectivity and self-driving capabilities from the outset. In August 2017, He transitioned to a full-time role as Chairman and CEO of Motors, resigning from Alibaba to lead the company's growth; this shift enabled key hires in and talent, bolstering the team's capabilities in vehicle software development. Under his leadership, secured significant funding, including a Series B round of RMB 2.2 billion in 2018 backed by Alibaba, , and , followed by a in 2020 that raised approximately $1.5 billion and valued the company at over $11 billion. The firm achieved a dual primary listing on the in July 2021, raising HK$14 billion ($1.8 billion) to support expansion and R&D. XPeng marked key product milestones with the launch of the P7 premium smart sedan in April 2020, which featured advanced battery technology and over-the-air () update capabilities for continuous software improvements, and the G9 flagship in 2022, emphasizing high-performance electric powertrains and spacious interiors. The company advanced its Advanced Driver-Assistance Systems (ADAS) through initiatives like the City Navigation Pilot in 2022, enabling urban autonomous driving features, with ongoing updates enhancing safety and , such as the XOS 5.8.0 global upgrade in 2025 introducing human-machine co-driving modes. Strategic partnerships included a 2023 collaboration with for software and electrical/electronic architecture development, expanded in 2025 to integrate XPeng's AI-driven technologies into VW's China-market vehicles, accelerating joint projects. XPeng expanded into international markets, entering with launches in and the in 2021, followed by , the , and in 2024, and further growth into five additional EU countries in 2025; in , it shipped its first batch of right-hand-drive X9 MPVs to in early 2025, targeting ultra-fast charging network deployment. However, the company faced challenges amid China's intense EV price wars, where aggressive discounting by competitors like and eroded margins, compounded by global supply chain disruptions affecting battery components through 2025. In 2025, XPeng intensified its focus on physical AI integration in vehicles, unveiling advancements at its AI Day event in November, including AI-driven mobility platforms and enhanced vision-based autonomous systems for models like the Next P7. Financially, the company reported strong delivery growth, with 42,013 vehicles delivered in October 2025—a 76% year-over-year increase—amid ongoing fundraising efforts to navigate the industry's capital constraints, though specific new rounds were not detailed in public updates.

Other ventures

AeroHT

ARIDGE (formerly AeroHT), a of Motors focused on electric vertical takeoff and landing () vehicles, was originally founded in as a startup in , , and officially established under the umbrella in 2020 as an extension of the company's intelligent mobility ecosystem. He Xiaopeng, 's co-founder and CEO, played a pivotal role in its inception, serving as chairman until and steering its development as a key pillar of innovation. The company rebranded to ARIDGE in October 2025. Under his leadership, ARIDGE has invested over RMB 10 billion in research and development, emphasizing autonomous flight systems and modular designs for passenger drones and flying cars. The company's core technologies center on platforms, including the two-seater X2 and the modular "Land Aircraft Carrier," a ground-air that integrates a with a detachable module for urban commuting. These innovations draw on XPeng's expertise in and AI-driven autonomy to enable seamless transitions between road and . ARIDGE's prototypes prioritize safety features like redundant propulsion systems and collision-avoidance sensors, developed in collaboration with partners such as for advanced and restraint technologies tailored to aerial environments. Key milestones include obtaining a conditional flight permit from China's Civil Aviation Administration (CAAC) for the X2 in 2023, followed by acceptance of a application for the Land Aircraft Carrier's air module in 2024. In 2025, ARIDGE launched trial production at the world's first intelligent factory in , securing nearly 5,000 orders ahead of mass production. Partnerships with entities like Province and for low-altitude infrastructure have accelerated commercialization, with plans for services targeting urban routes by 2026. He Xiaopeng envisions ARIDGE as a frontrunner in China's low-altitude economy, projected to exceed RMB 2 trillion by 2030, by integrating eVTOLs with ground-based electric vehicles to create a unified mobility network for efficient transport. The company raised over $500 million in Series A in 2021 and an additional $150 million in 2024 to support scaling production to 10,000 units annually. Pre-orders for the Land Aircraft Carrier, priced under RMB 2 million with a 30 km aerial range, began in late 2024, signaling strong market demand for accessible air taxis. Despite these advances, ARIDGE faces significant challenges in safety testing, where incidents like a 2025 mid-air collision during demonstrations have highlighted risks in autonomous eVTOL operations. Airspace regulations remain a barrier, with China's low-altitude zones requiring new traffic management systems to handle dense urban flights, compounded by ongoing certification processes from the CAAC. Funding pressures persist in this nascent sector, though ARIDGE's ties to XPeng provide strategic stability amid evolving regulatory frameworks.

AI and robotics initiatives

He Xiaopeng has articulated a vision for "physical AI" as the integration of with the physical world, emphasizing embodied to enable machines to perceive, reason, and act seamlessly in real environments. In interviews and public statements from 2024 to 2025, he described XPeng's transition toward becoming a "global embodied intelligence company," where AI platforms extend beyond vehicles to general-purpose , addressing challenges like data scarcity through dedicated "data factories" in . A key milestone in this push came with the launch of XPeng's next-generation on November 5, 2025, during the company's AI Day event in . The features 82 , a bionic spine and muscle structure for fluid hip twists and gait, flexible skin, and 22-degree-of-freedom hands capable of precise manipulation. It supports walking, conversation, and object interaction, powered by three self-developed Turing AI chips delivering 3,000 of computing power and integrated with XPeng's 2.0 vision-language-action model for cross-domain applications. XPeng's broader initiatives encompass R&D in general-purpose and platforms tailored for , with potential applications in and services to enhance and human-robot . Under He Xiaopeng's , the company has invested in a full-stack including proprietary chips, operating systems, and hardware, aiming to rival global efforts like Tesla's Optimus through strategic such as open-sourcing the VLA 2.0 model to partners including . These efforts align with China's 2025 AI policies, including the $8.2 billion National AI Industry Investment Fund and "AI+" initiatives promoting integration in key sectors like . Looking ahead, He Xiaopeng has outlined plans to scale production, targeting mass deployment of the by the end of 2026 to complement XPeng's ecosystem and leverage embodied for broader industrial applications. This strategy positions within China's supportive policy landscape, which includes subsidies and mandates for adoption to foster innovation in embodied intelligence up to 2025.

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