DeepWay signs deal with New Zealand partner for smart new energy heavy-duty truck distribution

Published: Jul 25, 2025 13:59
Source: gasgoo
This significant partnership marks a crucial step for DeepWay in expanding into the Southern Hemisphere market.

Shanghai (Gasgoo)- DeepWay, a Chinese technology leader in the field of new energy heavy trucks and intelligent freight solutions, recently signed a distribution agreement with its local partner in New Zealand and successfully delivered the first batch of smart new energy heavy-duty trucks, according to a press release issued by DeepWay on July 23 via its WeChat account.

DeepWay stated that this significant partnership marked a crucial step for the company in expanding into the Southern Hemisphere market, and an important milestone in the company's global strategy to grow its presence in the high-end international market, following its successful entry into Australia.

During the signing ceremony, both parties engaged in in-depth discussions on product experience and technology. The New Zealand partner had the opportunity to closely examine DeepWay's smart new energy heavy-duty trucks, gaining insights into the vehicle's core advantages, such as its forward structural design, intelligent driving assistance system, battery layout, and long-range capabilities. "After participating in test drives, the customers were impressed by the vehicle's handling stability, energy efficiency, and driving comfort, offering strong endorsements of its performance,‌" DeepWay said in a statement.

At the signing event, representatives from both sides agreed that this collaboration not only reflected mutual trust and understanding, but also represented a shared commitment to promoting the green transformation of logistics as well as advancing sustainable development.

Moving forward, both sides plan to intensify their partnership through localized adaptations, including the establishment of an operation and maintenance service system, customized technological optimization, and the deployment of charging infrastructure. Together, they aim to create an intelligent logistics solution tailored to New Zealand's unique geography and transportation needs.

As a leading force in the new generation of trucking, DeepWay remains dedicated to providing efficient, environmentally friendly systems through electric, intelligent, and low-carbon solutions for global trunk transportation. This collaboration in New Zealand not only offers the local market a green and efficient new choice, but also underscores DeepWay's growing international market presence and brand influence.

Looking ahead, DeepWay said it would continue to deepen its global market engagement, enhance its overseas service network and delivery capabilities, partnering with more international stakeholders to drive intelligent upgrades and the green transformation of the logistics industry.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[Cobalt] Cobalt Powder Weekly Review
7 hours ago
[Cobalt] Cobalt Powder Weekly Review
Read More
[Cobalt] Cobalt Powder Weekly Review
[Cobalt] Cobalt Powder Weekly Review
The cobalt powder market still showed no improvement this week, with both buyers and sellers lacking willingness to take the initiative and actual transactions remaining sluggish. Although producer offers still held in the range of 430,000-450,000 yuan/mt, the center of actual deals gradually shifted toward the low end, with some transactions dipping to 420,000-430,000 yuan/mt and high-priced material clearly lacking acceptance. Pressure in the trading segment increased, as low-priced offers appeared frequently and continuously pulled down market psychological price levels. Downstream, end-user orders at cemented carbide enterprises were weak, raw material consumption cycles lengthened, procurement was mainly limited to cargo pick-up under long-term contracts, and spot restocking was minimal. Weaker cobalt carbonate prices further weakened cost support. Overall market sentiment was bearish, and cobalt powder prices may continue to weaken and hit bottom in the short term.
7 hours ago
[Cobalt] Cobalt Sulphate Weekly Review
7 hours ago
[Cobalt] Cobalt Sulphate Weekly Review
Read More
[Cobalt] Cobalt Sulphate Weekly Review
[Cobalt] Cobalt Sulphate Weekly Review
This week, the cobalt sulphate market extended its weak trend, with psychological price levels between buyers and sellers continuing to diverge and transactions struggling to gain volume. Supply side, offers were clearly divergent: primary smelters had not yet fully digested earlier high-priced raw materials, and their offers remained around 80,000 yuan/mt, but with the MHP cobalt coefficient falling to around 80%, spot costs had already pulled back to 76,000-78,000 yuan/mt, and cost support had actually softened somewhat; recycling enterprises showed a stronger willingness to sell, with mainstream quotations at around 95% of the SMM low-end price, while some enterprises facing financial constraints continued to push down prices in exchange for liquidity, pushing low-priced resources in the market down to 70,000-72,000 yuan/mt, with a few isolated extreme deals heard at 68,000-70,000 yuan/mt, though still mainly sporadic spot orders. Demand side, conditions were weak, with downstream enterprises seeing only a slow recovery in orders, procurement limited to immediate needs, and some inquiry indications already pushed down to 68,000 yuan/mt, but the price spread between buyers and sellers remained wide, so actual concluded business was limited. In the short term, the cobalt sulphate market has yet to show clear signs of stopping the fall; price stabilisation still depends on a concentrated release of downstream restocking demand.
7 hours ago
[Cobalt] Cobalt Intermediate Products Weekly Review
7 hours ago
[Cobalt] Cobalt Intermediate Products Weekly Review
Read More
[Cobalt] Cobalt Intermediate Products Weekly Review
[Cobalt] Cobalt Intermediate Products Weekly Review
This week, the cobalt intermediate product market remained in a stalemate, with actual trading still in a vacuum. Recently, some miners launched tenders with indicative prices at around $21-22/lb, but amid continued weakness in cobalt salts and refined cobalt, downstream buyers and traders saw their psychological price levels pull back to around $17-19/lb, leaving a wide price spread between buyers and sellers; tenders continued to fail. Faced with the persistent stalemate, some miners have begun to consider changing their strategy, suspending direct sales of intermediate products and instead seeking toll manufacturers to process them into refined cobalt before selling, to avoid the risk of losses from direct sales at current low prices. In the short term, although miners are willing to hold prices firm, the lack of actual downstream purchasing support leaves the market locked in a stalemate, and price stabilization still awaits actual transactions to materialize.
7 hours ago
DeepWay signs deal with New Zealand partner for smart new energy heavy-duty truck distribution - Shanghai Metals Market (SMM)