The Commercial Vehicle Revolution
Founded in 2014 as the commercial vehicle division of Geely Holding Group, Farizon has rapidly established itself as the defining force in new energy commercial transportation. The company's dual-technology approach—combining methanol-hydrogen fuel systems with pure electric powertrains—offers fleet operators flexibility for diverse operational requirements.
A decade of focused R&D investment has positioned Farizon at the forefront of clean commercial vehicle technology, with solutions spanning urban delivery to long-haul heavy trucking.
Undisputed Market Leadership
In 2024, Farizon achieved a historic milestone: becoming the first new energy commercial vehicle brand to surpass 300,000 cumulative unit sales. With over 20% market share, Farizon has defended its position as China's #1 new energy commercial vehicle brand—a title earned through relentless innovation and operational excellence.
Innovation at Scale
Farizon operates China's largest new energy commercial vehicle research institute, with a global team of 2,000+ engineers dedicated to advancing electric and alternative fuel technologies. This R&D powerhouse drives continuous innovation—from next-generation battery systems to intelligent fleet management solutions.
Decade of Achievement
- 2014: Farizon New Energy Commercial Vehicle Group founded
- 2016: Farizon brand officially launched
- 2019: World's first methanol-hydrogen heavy truck enters production
- 2020: Strategic acquisition of CAMC (publicly listed company)
- 2021: Pre-Series A funding exceeds $300 million
- 2022: Series A financing reaches $600 million
- 2023: First Type Approval for M100 methanol marine engines in China
- 2024: 300,000 cumulative unit sales milestone achieved
