DeepWay

Electric Vehicles · Autonomous Trucking · Commercial Vehicles

Expansion

DeepWay plans Hong Kong IPO, targets Europe with e-truck tech licensing

Licensing rather than exporting lets the startup sidestep the tariffs and manufacturing hurdles other Chinese automakers face abroad.

• DeepWay made its European debut at IAA Transportation 2026 in Hannover, unveiling plans to license its e-truck technology to local European partners while also targeting a Hong Kong IPO.
• DeepWay is a Baidu-backed Chinese startup building electric heavy trucks with forward-designed autonomous driving architecture, which it calls 'RoboTrucks' rather than converted diesel trucks.
• The company plans to launch a Europe-customized DeepWay 3.0 heavy truck in 2027, certified to EU WVTA standards with European charging connectors and a fully English vehicle interface.
• DeepWay delivered its first overseas vehicles in 2024 and has since built sales and service networks in Southeast Asia, Africa, Australia and New Zealand ahead of its European push.
• Company executive Zhao Minyu called 2026 DeepWay's 'Year of Going Global,' following two prior years spent validating its technology and supply chain in China's competitive EV truck market.
• Choosing a licensing-and-local-manufacturing model over direct exports could offer Chinese EV makers a template for entering markets wary of Chinese-made vehicles amid trade friction.