Geely truck unit, Farizon, raises USD 600 million in funding round

Farizon will compete against the likes of Ford Motor’s e-Transit van, the company has said. China’s Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely, has raised USD 600 million in a Series-A funding round, the company said in a statement. The Hangzhou-based company, which produces and markets hybrid and

Geely and Henan Shuncheng Group launch green methanol plant

Geely, one of the largest automobile manufacturers in China, launched the world’s first 100,000-ton low-carbon green methanol plant. Geely and Henan Shuncheng Group launched the world’s first 100,000-ton low-carbon green methanol plant in Anyang City, Henan. This plant is a breakthrough in the field of renewable energy and is a significant contribution to China’s ambitious

Geely introduces methanol-powered truck

Geely, a Chinese manufacturer that owns brands such as Volvo and Lotus, among others, presented a concept truck that will be a direct rival to Tesla Semi. However, unlike Elon Musk’s truck, which is basically electric, the so-called “Homtruck” promises to be more versatile as it also uses a range extender and a version with