UCWeb was acquired by Alibaba Group in June 2014 in the largest merger and acquisition deal ever in the Chinese internet industry.

[7] On 22 August 2017, Xiaopeng officially announced his resignation from all his positions in Alibaba to start a new adventure and lead startup XPeng Motors.

[8] In 2014, He Xiaopeng supported Xia Heng and He Tao in the foundation of XPeng Motors, an electric self-driving vehicle automobile company.

[9][10] The company received initial investments from Li Xueling, Fu Sheng, Wu Xiaoguang, Zhang Ying, and other investors to work on autonomous driving engineering and machine learning.

XPeng Motors currently manufactures its G3 intelligent electric SUV in China, and distributes and supports its vehicles through a chain of retail and service centers across the country.