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