Efficient extraction of photogenerated hot carriers and insight into the involved dynamics are crucial to promoting the photoelectric efficiencies of photovoltaic and photocatalytic devices. Here, we synthesized Cu-doped CdSe quantum dots (Cu-CdSe QDs) as the donor and investigated the ultrafast dynamics of hot electron cooling and electron transfer from Cu-CdSe QDs to benzoquinone (BQ) as the acceptor. The doping of copper ion effectively suppresses the cooling rate of hot electrons in CdSe QDs and extends the lifetime of hot electrons from 0.2 ps to 3.6 ps. The results of steady-state and time-resolved spectroscopy demonstrate that the overall electron transfer efficiency from Cu-CdSe QDs to BQ exceeds 70 %. Dynamical analysis confirms that two electron transfer pathways of hot and band-edge electrons exist in the Cu-CdSe-BQ composites. The hot electron transfer efficiency can reach ∼45 % with a rate constant of 3.90 × 1011 s−1. The band-edge electron transfer efficiency is about 50 %. These findings demonstrate an effective strategy for improving the photoelectric performance of Cu-CdSe-BQ composites by efficiently separating photogenerated carriers and extracting hot electrons.