Farizon Auto


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, 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. 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.

Products

Farizon Auto

Ouling

Farizon acquired Ouling in 2021, a brand selling gasoline-powered lower end medium duty, light duty, and micro trucks.
CAMC
Farizon acquired CAMC in 2020, a Chinese manufacturer of trucks and truck-based special vehicles established in 1999.