About XPENG
XPENG is a company based in Guangzhou (China) founded in 2014 by Eric Zhao. It operates as a Direct-to-Consumer (D2C). The company has 13,550 employees as of December 31, 2023. XPENG offers products and services including X9, G9, G6, and P7. XPENG operates in a competitive market with competitors including Polestar, NIO, Tesla, Beijing Che Lixing Information Technology and Fisker, among others.
- Headquarter Guangzhou, China
- Employees 13550 as on 31 Dec, 2023
- Founders Eric Zhao
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Xpeng Inc.
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Annual Revenue
$30.68 B14as on Dec 31, 2023
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Net Profit
$-10.38 B-14as on Dec 31, 2023
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EBITDA
$-305.48 M-95as on Dec 31, 2023
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Latest Funding Round
$723.62 M (USD), Post-IPO
Jul 26, 2023
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Investors
Volkswagen
& 2 more
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Employee Count
13550
as on Dec 31, 2023
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Products & Services of XPENG
XPENG offers a comprehensive portfolio of products and services, including X9, G9, G6, and P7. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
An electric vehicle designed for smart mobility experiences.
An SUV built for intelligent driving and comfort.
A model focused on advanced mobility and technology.
A sedan offering smart features and sustainable driving.
Funding Insights of XPENG
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $723.6M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Post-IPO - XPENG | Valuation |
investors |
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| Jul, 2022 | Amount | Post-IPO - XPENG | Valuation |
investors |
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| Jun, 2022 | Amount | Post-IPO - XPENG | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in XPENG
XPENG has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Volkswagen, IDG Capital and IFM Investors. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm
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Founded Year | Domain | Location | |
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Multiple sectors including healthcare are invested in by IFM Investors.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by XPENG
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - XPENG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xpeng Comparisons
Competitors of XPENG
XPENG operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Polestar, NIO, Tesla, Beijing Che Lixing Information Technology and Fisker, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric vehicles are manufactured and developed by Polestar.
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| domain | founded_year | HQ Location |
AI-enabled electric vehicles and battery-swapping systems are developed by NIO.
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| domain | founded_year | HQ Location |
Electric vehicles and solar energy products are manufactured.
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| domain | founded_year | HQ Location |
Electric SUVs are manufactured in Beijing, China.
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and leased by Fisker Inc.
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| domain | founded_year | HQ Location |
Multi-category electric vehicles and robots are manufactured by Segway-Ninebot.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Xpeng
Frequently Asked Questions about XPENG
When was XPENG founded?
XPENG was founded in 2014 and raised its 1st funding round 8 years after it was founded.
Where is XPENG located?
XPENG is headquartered in Guangzhou, China. It is registered at Guangzhou, Guangdong, China.
How many employees does XPENG have?
As of Dec 31, 2023, the latest employee count at XPENG is 13,550.
What is the annual revenue of XPENG?
Annual revenue of XPENG is $30.68B as on Dec 31, 2023.
What does XPENG do?
XPENG is focused on the development and production of smart electric vehicles, including SUVs and MPVs like the X9, G9, G6, and P7. The company is committed to transforming mobility into a human-centric experience through advanced technology such as Xmart OS and XPILOT ASSIST. Operating in the automotive sector, XPENG emphasizes sustainability, intelligence, and quality, aiming to redefine mobility on the road and beyond with innovative solutions.
Who are the top competitors of XPENG?
XPENG's top competitors include Polestar, Beijing Che Lixing Information Technology and Fisker.
What products or services does XPENG offer?
XPENG offers X9, G9, G6, and P7.
Who are XPENG's investors?
XPENG has 3 investors. Key investors include Volkswagen, IDG Capital, and IFM Investors.