Windrose Technology
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Windrose Technology is a Chinese electric vehicle (EV) manufacturer specializing in zero-emission heavy-duty trucks.{{Cite web |last=Allen |first=Jesse |date=2023-07-10 |title=Startup Funding: June 2023 |url=https://semiengineering.com/startup-funding-june-2023/ |access-date=2025-05-05 |website=Semiconductor Engineering |language=en-US}} Founded in China,{{Cite news |date=2025-04-28 |title=Tariffs on Chinese-made machines drive up costs for U.S. manufacturers - The Washington Post |newspaper=The Washington Post |url=https://www.washingtonpost.com/world/2025/04/27/china-us-tariffs-machinery-manufacturing/ |access-date=2025-05-05 |archive-url=https://web.archive.org/web/20250428181955/https://www.washingtonpost.com/world/2025/04/27/china-us-tariffs-machinery-manufacturing/ |archive-date=28 April 2025 }} 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.{{Cite news |last=Wakabayashi |first=Daisuke |date=2025-03-31 |title=The Chinese Electric Vehicle Founder Who Wants In on Trump's America |url=https://www.nytimes.com/2025/03/31/business/windrose-electric-trucks-ipo.html |access-date=2025-05-05 |work=The New York Times |language=en-US |issn=0362-4331}}
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.{{Cite web |last=Segal |first=Mark |date=2024-04-15 |title=Zero-Emission Truck Startup Windrose Raises $110 Million |url=https://www.esgtoday.com/zero-emission-truck-startup-windrose-raises-110-million/ |access-date=2025-05-05 |website=ESG Today |language=en-US}}
In late 2023, Windrose revealed plans to list on a U.S. stock exchange.{{Cite news |title=Chinese Electric Truck Maker Windrose is Seeking US IPO in 2024 |url=https://www.bloomberg.com/news/articles/2023-11-03/chinese-electric-truck-maker-windrose-is-seeking-us-ipo-in-2024 |archive-url=http://web.archive.org/web/20231214015429/http://www.bloomberg.com/news/articles/2023-11-03/chinese-electric-truck-maker-windrose-is-seeking-us-ipo-in-2024 |archive-date=2023-12-14 |access-date=2025-05-05 |work=Bloomberg.com |language=en}} In October 2024, the company reportedly doubled its IPO fundraising goal with growing investor interest.{{Cite web | url=https://www.bloomberg.com/news/articles/2024-10-17/chinese-electric-truckmaker-windrose-tech-pushes-into-europe-doubles-ipo-goal | title=Chinese Electric Truckmaker Windrose Technology Pushes Into Europe, Doubles IPO Goal | website=www.bloomberg.com}} 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.{{cite web | url=https://www.reuters.com/business/autos-transportation/windrose-plans-truck-assembly-us-rare-move-by-chinese-ev-firm-2024-07-23/ | title=Windrose plans truck assembly in U.S. In rare move by Chinese EV firm | work=Reuters | date=23 July 2024 }} 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.{{cite web | url=https://www.reuters.com/business/autos-transportation/chinese-electric-truck-start-up-windrose-explores-production-europe-ceo-says-2024-02-22/ | title=Chinese electric truck start-up Windrose explores production in Europe, CEO says | work=Reuters | date=22 February 2024 }}{{Cite web |last=Times |first=The Brussels |title=Flanders will not invest in Chinese electric truck factory in Antwerp |url=https://www.brusselstimes.com/1282274/flanders-will-not-invest-in-chinese-electric-truck-factory-in-antwerp |access-date=2025-05-05 |website=www.brusselstimes.com |language=en}} 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.{{Cite web |date=2025-02-07 |title=Goodman and Windrose partner on EV fast-charging for heavy-duty trucks {{!}} News {{!}} Real Assets |url=https://realassets.ipe.com/news/goodman-and-windrose-partner-on-ev-fast-charging-for-heavy-duty-trucks/10069486.article |access-date=2025-05-05 |archive-url=https://web.archive.org/web/20250207153423/https://realassets.ipe.com/news/goodman-and-windrose-partner-on-ev-fast-charging-for-heavy-duty-trucks/10069486.article |archive-date=7 February 2025 }}