Windrose Technology
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Windrose Technology is a Chinese
electric vehicle An electric vehicle (EV) is a motor vehicle whose propulsion is powered fully or mostly by electricity. EVs encompass a wide range of transportation modes, including road vehicle, road and rail vehicles, electric boats and Submersible, submer ...
(EV) manufacturer specializing in
zero-emission A zero emission engine, motor, process, or other energy source emits no waste products that pollute the environment or disrupt the climate. Zero emission engines Vehicles and other mobile machinery used for transport (over land, sea, air, rail) and ...
heavy-duty trucks. Founded in China, the company is known for its global expansion strategy, particularly into the United States and Europe. Windrose Technology was founded in 2022 by Wen Han, who serves as the company's Chairman and CEO. 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. In late 2023, Windrose revealed plans to list on a U.S. stock exchange. In October 2024, the company reportedly doubled its
IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
fundraising goal with growing investor interest. 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. The company is also exploring production capabilities in Europe, including potential operations in Flanders, Belgium, although the
Flemish government The Flemish Government ( ) is the executive branch of the Flemish Community and the Flemish Region of Belgium. It consists of a government cabinet, headed by the Minister-President of Flanders, Minister-President and accountable to the Flemish Par ...
declined to invest in the proposed factory in
Antwerp Antwerp (; ; ) is a City status in Belgium, city and a Municipalities of Belgium, municipality in the Flemish Region of Belgium. It is the capital and largest city of Antwerp Province, and the third-largest city in Belgium by area at , after ...
. In 2024, Windrose also partnered with industrial real estate company
Goodman Group Goodman Group is an Australian integrated commercial and industrial property group that owns, develops and manages real estate. This includes warehouses, large scale logistics facilities, business and office parks globally. History The orga ...
to develop electric vehicle fast-charging infrastructure for heavy-duty trucks in Europe, furthering its logistics capabilities.


References

{{China-company-stub Electric vehicle manufacturers of China