Jump to content

Farizon Auto

From Wikipedia, the free encyclopedia
Zhejiang Geely Farizon New Energy Commercial Vehicle Group
FormerlyGeely New Energy Commercial Vehicle Group
Company typeSubsidiary
IndustryAutomotive
Founded2016
Headquarters
China
Area served
  • China
ProductsAutomobiles
Owner
ParentZhejiang Geely Holding
Websitehttps://www.geelycv.com/

Farizon Auto or Zhejiang Geely Farizon New Energy Commercial Vehicle Group (Chinese: 浙江吉利远程新能源商用车集团有限公司), is a commercial brand of Geely that was formed in 2016 to focus on the development and sales of commercial vehicles in China and has launched several long-range capable truck and bus solutions. The company raised over $300 million in a Pre-A Round in October 2022 led by GLP's investment arm Hidden Hill Capital,[1] and $600 million in a Series A funding round in July 2023, led by Boyu Capital and Yuexiu Industrial Fund.[2] The factory was later acquired by the Chinese electric commercial vehicle company Yuancheng Auto, which in conjunction with Myoung Shin. The company plans to manufacture CKD-made electric trucks for the China market.[3] On May 29, it was announced that it would give up production of finished vehicles and switch to the automobile parts and automation equipment business.[4]

Products

[edit]

Farizon Auto

[edit]
  • Farizon C8E/ C10E/ C12E – city buses
  • Farizon U11E/ U11F – tour buses
  • Farizon Xinghan G – electric and hydrogen heavy duty trucks
  • Farizon Xingzhi H8E – light duty truck
  • Farizon Xingzhi H8M – light duty truck
  • Farizon SV (Supervan) – electric van


Ouling

[edit]

Farizon acquired Ouling (Chinese: 欧铃) in 2021, a brand selling gasoline-powered lower end micro trucks.

CAMC (Hanma Technology)

Farizon acquired CMAC (Chinese: 华菱星马) in 2020, a Chinese manufacturer of trucks and truck-based special vehicles established in 1999.

References

[edit]
  1. ^ "Chinese automaker Geely's new energy brand Farizon raises over $300 mln". Reuters. 2022-10-27. Retrieved 2023-07-20.
  2. ^ "Geely truck unit, Farizon, raises $600 million in funding round". Reuters. 2023-07-20. Retrieved 2023-07-20.
  3. ^ "군산공장 인수한 명신, 4년 동안 생산은 전무". Hankyong (in Korean). 2023-06-01. Retrieved 2023-06-01.
  4. ^ "명신 군산공장, 자동차부품·자동화설비 사업으로 전환". Newsis (in Korean). 2024-05-29. Retrieved 2024-05-29.
  5. ^ "E5 (Pure Electric City Logistice Vehicle)-GCV". www.geelycv.com. Archived from the original on 5 November 2021. Retrieved 2021-11-05.
  6. ^ "E200S (Pure Electric Box-type Transport Vehicle)-GCV". www.geelycv.com. Archived from the original on 5 November 2021. Retrieved 2021-11-05.
  7. ^ "E200 Pure Electric Box-type Transport Vehicle-GCV". www.geelycv.com. Archived from the original on 5 November 2021. Retrieved 2021-11-05.