Windrose Technology
 | This article reads like a press release or a news article and may be largely based on routine coverage. (May 2025) |
Windrose Technology is a Chinese electric vehicle (EV) manufacturer specializing in zero-emission heavy-duty trucks.[1] Founded in China,[2] the company is known for its global expansion strategy, particularly into the United States and Europe.[1] Windrose Technology was founded in 2022 by Wen Han, who serves as the company's Chairman and CEO.[2][3]
Windrose Technology was founded for developing electric heavy-duty trucks, including Class 8 models designed for long-haul freight. In 2023, the company secured $110 million in funding to support vehicle development and expansion into international markets.[1][4]
In late 2023, Windrose revealed plans to list on a U.S. stock exchange.[5] In October 2024, the company reportedly doubled its IPO fundraising goal with growing investor interest.[3][6] In July 2024, it announced plans to establish a truck assembly plant in Georgia, marking a rare move by a Chinese EV manufacturer to produce vehicles in the U.S.[7] The company is also exploring production capabilities in Europe, including potential operations in Flanders, Belgium, although the Flemish government declined to invest in the proposed factory in Antwerp.[8][9] In 2024, Windrose also partnered with industrial real estate company Goodman Group to develop electric vehicle fast-charging infrastructure for heavy-duty trucks in Europe, furthering its logistics capabilities.[10]
References
[edit]- ^ a b c Allen, Jesse (2023-07-10). "Startup Funding: June 2023". Semiconductor Engineering. Retrieved 2025-05-05.
- ^ a b "Tariffs on Chinese-made machines drive up costs for U.S. manufacturers - The Washington Post". The Washington Post. 2025-04-28. Archived from the original on 28 April 2025. Retrieved 2025-05-05.
- ^ a b Wakabayashi, Daisuke (2025-03-31). "The Chinese Electric Vehicle Founder Who Wants In on Trump's America". The New York Times. ISSN 0362-4331. Retrieved 2025-05-05.
- ^ Segal, Mark (2024-04-15). "Zero-Emission Truck Startup Windrose Raises $110 Million". ESG Today. Retrieved 2025-05-05.
- ^ "Chinese Electric Truck Maker Windrose is Seeking US IPO in 2024". Bloomberg.com. Archived from the original on 2023-12-14. Retrieved 2025-05-05.
- ^ "Chinese Electric Truckmaker Windrose Technology Pushes Into Europe, Doubles IPO Goal". www.bloomberg.com.
- ^ "Windrose plans truck assembly in U.S. In rare move by Chinese EV firm". Reuters. 23 July 2024.
- ^ "Chinese electric truck start-up Windrose explores production in Europe, CEO says". Reuters. 22 February 2024.
- ^ Times, The Brussels. "Flanders will not invest in Chinese electric truck factory in Antwerp". www.brusselstimes.com. Retrieved 2025-05-05.
- ^ "Goodman and Windrose partner on EV fast-charging for heavy-duty trucks | News | Real Assets". 2025-02-07. Archived from the original on 7 February 2025. Retrieved 2025-05-05.
 | This Chinese corporation or company article is a stub. You can help Wikipedia by expanding it. |