Windrose Technology Supports UNDP Research with Universities on Zero Emission Trucks (ZETs)
July 10, 2024
Istanbul, Türkiye [July 10th 2024] - The urgent need to transition towards sustainable transportation solutions, particularly in the trucking sector and zero emissions logistic, Istanbul International Center for Private Sector in Development (ICPSD) and the Sustainable Energy Hub has partnered with Windrose Technology, a developer of zero-emissions heavy and long-haul trucks, attaining net zero carbon emissions moonshot by 2050.
Recognizing its impact, sustainable transport is vital in tackling climate change as the transportation sector contributes 20.2% of global CO2 emissions, with road transport accounting for 75% of these emissions. Decarbonizing the transport sector requires a coordinated effort with the energy and industrial sectors to transition to renewable fuels and alternative vehicle technologies. Integrating renewable energy technologies is crucial for enhancing climate ambitions. Also increased funding for research and development can empower the transport sector to implement effective solutions, driving forward the global agenda for zero-emission mobility and contributing to the broader goals of the UNDP Moonshots.
Zero-emission trucks can be considered one of the important opportunities to provide innovative solutions to reduce emissions, enhance air quality, and decrease operational expenses in the logistics sector. In that context, the ZET deployment aligns directly with long-term low greenhouse gas emission development strategies (LT-LEDS) while supporting the long-term horizon to the Nationally Determined Contributions (NDCs).
Green ports are essential for reducing the environmental impact of maritime operations, as they focus on implementing zero-emission logistics and enhancing energy efficiency to minimize pollutants and greenhouse gas emissions. The transition to zero-emission logistics within green ports not only improves air quality and reduces carbon footprints but also sets a benchmark for sustainability in global supply chains, aligning with international climate goals.
“The rapid adoption of Electric Vehicles, especially in the Heavy Truck sector, plays a crucial role in mitigating Greenhouse Gas Emissions to achieve Sustainable Development by 2030. We are pleased to collaborate with Windrose Technology. on a Zero Emissions Trucking Whitepaper, highlighting best practices that align with Nationally Determined Contributions (NDCs) and accelerate the adoption of sustainable transportation in the high-emission trucking industry.”
Sahba Sobhani, ICPSD Director, BPPS, UNDP
“As a 34-year-old founder of a 2-year-old company, I am extremely honored to be partnering with the UNDP to advocate the adoption of zero-emissions trucks globally. Windrose Technology is aiming to bring its 670km long-range EV tucks to 5 continents, already deploying today in Europe, North America, and Asia, as well as planning to roll out in Oceania and South America. Windrose plans to assemble trucks in China, US and Belgium, and its office locations today already include Antwerp in Belgium, Hong Kong and Shanghai in China, as well as Savannah in the United States, so clean ports are certainly a key emphasis of our electrification footprint.”
Wen Han, Founder, Chairman, CEO of Windrose Technology
The objectives of the report are:
Highlighting the challenges, interventions and policy recommendations to support the transition to green ports, focusing on regulatory frameworks that encourage sustainable logistics practices.
Raise awareness on Zero-Emission Trucks (ZETs), highlighting their reliability, capabilities, and the innovative technologies driving their advancement specifically within green ports by looking at best practices.
Emphasize zero-emissions truck production's economic and environmental benefits for achieving Net Zero emissions.
Highlight the importance of public and private sector investment for ZET ecosystem, with an emphasize on the ports and ultimately contributing to the transition towards sustainable transportation and implementation of zero-emission logistics solutions in ports.
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About ICPSD:
Established in 2011 UNDP’s Istanbul Centre for Private Sector in Development is one of five UNDP global policy centers, holding the UNDP mandate for private sector in development. The Centre’s work to engage private sector focuses on delivering policy advisory and technical services under four thematic areas (1) Private Sector Engagement through South-South Cooperation for the SDGs, (2) Private Sector Engagement in Skills Development and SDG Artificial Intelligence (AI) Lab, (3) Impact Investing, and (4) Resilience and Crisis Response.
About Windrose:
Windrose is the first company to design a ground-up clean-slate zero-emissions long-haul truck for China, the US, Europe, Australia, New Zealand, etc. The objective is to build a next-generation electric truck that is better than diesel truck in both cost and quality. Windrose was founded by Wen HAN in 2022, who is a Stanford graduate, formerly investor at Bridgewater Associates, GSR Ventures, as well as previously Chief Strategy and Financial Officer at Plus.
Windrose team is made up of seasoned professionals from top OEM's, with 80% of its R&D team boasting at least 8 years of truck R&D experience, contributing to over 240 patents. Windrose investors include Fountainvest, Yunqi, GSR Ventures, Goodman Group (ASX: GMG), Hefei Venture Capital, and HSBC (LSE: HSBA) etc. Its advisory board includes current and former executives at Decathlon, Starbucks, Coca-Cola, Rokin Logistics, Toys "R" Us Asia, J.B.Hunt, XPO, Li Auto, as well as Geely Group.