Farizon Auto or Zhejiang Geely Farizon New Energy Commercial Vehicle Group, 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
Farizon Auto
- Farizon FX – pickup truck
- Farizon C8E/ C10E/ C12E – city buses
- Farizon U11E/ U11F – tour buses
- Farizon Xinghan G – electric and hydrogen heavy duty trucks
- Farizon Xinghan H – electric and hydrogen heavy duty trucks
- Farizon Xingzhi H8E – light duty truck
- Farizon Xingzhi H8M – light duty truck
- Farizon Xingzhi H9E – light duty truck
- Farizon SV (Supervan) – electric van
- Farizon Xingfuhao – electric MPV
- Farizon E5 – electric cargo and panel vans[5]
- Farizon E5L – electric cargo and panel vans
- Farizon E6 – electric cargo and panel vans
- Farizon Xingxiang V series – electric cargo and panel vans
- Farizon Xingxiang V6E – micro van
- Farizon Xingxiang V6E Plus – micro van
- Farizon Xingxiang F1E – micro truck
- Farizon Xingxiang V7E– electric cargo and panel vans
- Farizon Fengrui series – light trucks and micro trucks
- Farizon Fengrui V5E – electric truck
- Farizon Fengrui F3E – electric truck
- Farizon Fengrui E200S – light truck[6]
- Farizon Fengrui E200X – medium-duty truck
- Farizon Fengrui E200 – medium-duty truck[7]
Ouling
Farizon acquired Ouling in 2021, a brand selling gasoline-powered lower end medium duty, light duty, and micro trucks.
- Ouling Fengrui F3 (欧铃 锋锐 F3) – single cab and crew cab micro truck
References
- Chinese automaker Geely's new energy brand Farizon raises over $300 mln Reuters, 2022-10-27, retrieved 2023-07-20^
- Geely truck unit, Farizon, raises $600 million in funding round Reuters, 2023-07-20, retrieved 2023-07-20^
- 군산공장 인수한 명신, 4년 동안 생산은 전무 Hankyong, 2023-06-01, retrieved 2023-06-01^
- 명신 군산공장, 자동차부품·자동화설비 사업으로 전환 Newsis, 2024-05-29, retrieved 2024-05-29^
- E5 (Pure Electric City Logistice Vehicle)-GCV www.geelycv.com, retrieved 2021-11-05^
- E200S (Pure Electric Box-type Transport Vehicle)-GCV www.geelycv.com, retrieved 2021-11-05^
- E200 Pure Electric Box-type Transport Vehicle-GCV www.geelycv.com, retrieved 2021-11-05^