Farizon Auto

company

About

Farizon Auto is a commercial vehicle brand focusing on the new energy field.

  • 1001 - 5000

Details

Last Funding Type
Seed
Last Funding Money Raised
$300M
Industries
Autonomous Vehicles,Clean Energy,Electric Vehicle
Founded date
Jan 1, 2014
Number Of Employee
1001 - 5000
Operating Status
Active

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$300M
Farizon Auto has raised a total of $300M in funding over 2 rounds. Their latest funding was raised on Oct 26, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 26, 2022 Seed $300M 4 Yinshan Capital Detail

Investors

Number of Lead Investors
Number of Investors
1
4
Farizon Auto is funded by 4 investors. Yinshan Capital and Industry Foundation of Xiangtan. are the most recent investors.
Investor Name Lead Investor Funding Round
Yinshan Capital Yes Seed
Industry Foundation of Xiangtan. Seed
Transfar Capital Seed
Xiangan Longye Seed