Farizon Auto

Farizon Auto
FormerlyGeely New Energy Commercial Vehicle Group
TypeSubsidiary
IndustryAutomotive
Founded2016; 10 years ago (2016)
HeadquartersHangzhou, China
Area served
Worldwide
Key peopleFan Xianjun (CEO)
ProductsAutomobiles
ParentZhejiang Geely Holding (100%)
Websitegeelycv.com
A Farizon Auto badge on one of its vehicles

Farizon Auto, officially Zhejiang Geely Farizon New Energy Commercial Vehicle Group is a Chinese automaker. Focused on manufacturing commercial vehicles, Farizon is a subsidiary of major Chinese automotive company Geely. As of 2026, its vehicles are sold in numerous global markets.

History

Farizon Auto was founded in 2016. Its first products were a fully-electric light commercial vehicle, and a city bus.

The company raised over $300 million in a Pre-A Round in October 2022 led by GLP's investment arm Hidden Hill Capital, and $600 million in a Series A funding round in July 2023, led by Boyu Capital and Yuexiu Industrial Fund.

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.

In May 2024, it was announced that it would give up production of finished vehicles and switch to the automobile parts and automation equipment business.

Operations

As of mid-2026, aside from within China, Farizon Auto vehicles are sold in numerous global markets, including South Africa, the United Kingdom, and Portugal.

Products

Farizon Auto

Ouling

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

CAMC (Hanma Technology)

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

References

  1. ↑ "Farizon Auto is a brand under Geely New Energy Commercial Vehicle Group". Geely. Retrieved 17 July 2026.
  2. ↑ "Chinese automaker Geely's new energy brand Farizon raises over $300 mln". Reuters. 27 October 2022. Retrieved 20 July 2023.
  3. ↑ "Geely truck unit, Farizon, raises $600 million in funding round". Reuters. 20 July 2023. Retrieved 20 July 2023.
  4. ↑ "군산공장 인수한 명신, 4년 동안 생산은 전무". Hankyong (in Korean). 1 June 2023. Retrieved 1 June 2023.
  5. ↑ "명신 군산공장, 자동차부품·자동화설비 사업으로 전환". Newsis (in Korean). 29 May 2024. Retrieved 29 May 2024.
  6. ↑ "E5 (Pure Electric City Logistice Vehicle)-GCV". www.geelycv.com. Archived from the original on 5 November 2021. Retrieved 5 November 2021.
  7. ↑ "E200S (Pure Electric Box-type Transport Vehicle)-GCV". www.geelycv.com. Archived from the original on 5 November 2021. Retrieved 5 November 2021.
  8. ↑ "E200 Pure Electric Box-type Transport Vehicle-GCV". www.geelycv.com. Archived from the original on 5 November 2021. Retrieved 5 November 2021.