Langbahn Team – Weltmeisterschaft

Farizon Auto

Farizon Auto
Product typeAutomotive
OwnerGeely
CountryChina
Introduced2016
MarketsChina
Websitehttps://www.geelycv.com/

Yuancheng Auto (Chinese: 远程汽车; pinyin: Yuǎnchéng Qìchē) or Farizon Auto 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 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

Farizon also has a sub-brand called Ouling (Chinese: 欧铃) selling gasoline-powered lower end micro trucks.

References

  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.