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Chinese startup NextEV announces U.S. CEO

SAN JOSE, CA/SHANGHAI – NextEV announced Padmasree Warrior, a technology industry veteran most recently serving as Cisco’s chief technology and strategy officer, as its chief development officer and CEO of its United States branch on December 16, 2015.

“Padmasree Warrior’s track record as a technology visionary is undisputed,” said William Li, founder and chairman of NextEV. “Padma’s knowledge of the global markets and her business acumen are surpassed only by her ability to lead distributed teams of engineers and developers toward a common goal. Her passion for technology and the positive impact it can have on humanity aligns well with the core values of NextEV as we build the first user-enterprise. NextEV’s global team is comprised of the best minds from the automotive, software and user experience domains. We will leverage leading edge technologies to deliver world-class products to global consumers.”

“I am excited to join NextEV,” said Warrior. “I’ve always looked for opportunities to leverage technology to tackle big problems. Climate change and air quality are two of the most significant global challenges today. I believe that electric vehicles will play a major role in the overall solution. As the electric vehicle industry emerges, there is a tremendous opportunity to provide a user-centric transportation experience. By integrating advanced technologies in the mobile Internet era, NextEV will make electric vehicles an enjoyable experience in people’s daily life. I am proud to be a part of this journey.”

The startup is working on smart, high-performance electric vehicles and is considered to be one of the top contenders to muscle into the territory of high-end EVs currently dominated by Tesla. It is eyeing California as one of its break-out markets. California wants to have 1.5 million zero-emission vehicles on the road by 2025.

Headquartered in Shanghai, with design, research and development centers in San Jose, Munich, Beijing, Hong Kong and London, the company was founded by enterprises and entrepreneurs including Tencent, founder William Li, founder Xiang Li, founder Richard Liu, and investment firms including Hillhouse Capital, Sequoia Capital and JOY Capital.

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