Get real: DeepWay delivered 8,020 electric semi trucks last year

After a week of Tesla Semi grabbing headlines and stealing the show at ACT Expo, Baidu-backed DeepWay would like to remind you that they delivered 8,020 electric semi trucks in 2025 – and they’re almost ready to go public.

Founded in 2020 and backed by Chinese search engine and tech brand Baidu, DeepWay began selling electric HD trucks in 2023, delivering 509 units that year and 3,002 units in 2024 on its way to last year’s 8,000+ number. And in 2026, the company is showing no signs of slowing down as it prepares to launch an IPO.

DeepWay’s last $310 million round of investment was led by UAE-based venture firm Stone, with participation from Australian NGS Super and Chinese Xiamen Guosheng Fund last month, with CNEVPost reporting that existing shareholders ABC Impact and Nanjing Ronghe Capital also increased their stakes.

Baidu reportedly holds a 13.48% stake in the fledgling semi truck brand according to the company’s published prospectus.