Windrose Technology, a Hong Kong-based electric heavy-duty truck developer, recently secured US$110 million in Series B funding, with backers including HITE Hedge Asset Management, Goodman Group (ASX:GMG), and others. With this new funding, Windrose plans to revolutionize the long-haul trucking industry with innovative, sustainable solutions for transportation and logistics.
The funding also included bank debt, led by HSBC through its HSBC New Economy Fund, which specializes in lending to startups and tech-led businesses. The goal is to provide zero-emission and intelligent long-haul trucks for moving consumer and industrial goods, offering cleaner and more cost-effective logistics solutions globally.
Windrose’s first electric long-haul truck has a range of 670km under a full load of 49 tons and features an 800V high-voltage fast-charging platform. With the ability to recharge 400km of range in under 36 minutes, Windrose has completed testing under various conditions, including high temperature, high altitude, and low temperature scenarios. The company has already started deployment in China, with plans to expand to Europe, the United States
