Farizon Auto is a commercial vehicle brand focusing on the new energy field.
Established in 2014, Geely's New Energy Commercial Vehicles Group launched Farizon Auto, the first commercial vehicle brand focusing on the new energy field in China. After eight years of development, Farizon has formed the technical route of urban commercial vehicles with pure electric and range-extended electric power system as the core and technical route of highway commercial vehicles with liquid-hydrogen-energy methanol power and battery-swapping-technology pure electric power system as the core. Farizon has developed a product layout including heavy trucks, light trucks, small and mini trucks, LCVs and buses which covers all commercial vehicle application scenarios. Relying on Geely Holding Group Central Research Institute, Farizon has established the biggest new energy commercial vehicle research institute in China and gathered more than 2000 research engineers all over the world. Positioned as the integrated service provider of intelligent green transportation capacity technology, Farizon sets “Leading the green commercial revolution through innovation and intelligent connectivity” as the brand vision and integrates intelligent green transportation capacity platform and green energy supply network to provide customers with full life cycle comprehensive services and contribute to achieving zero-carbon land transport in China by taking the new generation of new energy commercial vehicle as the core.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Oct 26, 2022 | Seed | $300M | 4 | Yinshan Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Yinshan Capital | Yes | Seed |
Industry Foundation of Xiangtan. | — | Seed |
Transfar Capital | — | Seed |
Xiangan Longye | — | Seed |