Founded by He Xiaopeng and partners in 2014, Xpeng Motors is among the dozens of Chinese electric car start-ups that have emerged in recent years amid the country’s efforts to shift away from gas guzzlers to smart and greener vehicles. The Guangzhou-based company has raised over 10 billion yuan (US$1.5 billion) in capital from investors including Alibaba Group, Foxconn Technology, Xiaomi Corp founder Lei Jun and Hillhouse Capital.