Farizon Auto Explained

Yuancheng Auto or Farizon Auto 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,^[1] and $600 million in a Series A funding round in July 2023, led by Boyu Capital and Yuexiu Industrial Fund.^[2] 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.^[3] 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.^[4]

Products

Farizon Auto

• Farizon C8E/ C10E/ C12E – city buses
• Farizon U11E/ U11F – tour buses
• Farizon Xinghan G – electric and hydrogen heavy duty trucks
• Farizon Xingzhi H8E – light duty truck
• Farizon Xingzhi H8M – light duty truck
• Farizon SV (Supervan) – electric van
• Farizon E5 – electric cargo and panel vans^[5]
• Farizon E5L – electric cargo and panel vans
• Farizon E6 – electric cargo and panel vans
• Farizon Xingxiang V series – electric cargo and panel vans
  • Farizon Xingxiang V6E – micro van
  • Farizon Xingxiang V6E Plus – micro van
  • Farizon Xingxiang F1E – micro truck
• Farizon Fengrui series – light trucks and micro trucks
  • Farizon Fengrui V5E – electric truck
  • Farizon Fengrui F3E – electric truck
  • Farizon Fengrui E200S – light truck^[6]
  • Farizon Fengrui E200X – medium-duty truck
  • Farizon Fengrui E200 – medium-duty truck^[7]

Ouling

See main article: Tangjun Ou Ling. Farizon also has a sub-brand called Ouling selling gasoline-powered lower end micro trucks.

• Ouling Fengrui F3 (欧铃 锋锐 F3)  – single cab and crew cab micro truck

References

1. News: 2022-10-27 . Chinese automaker Geely's new energy brand Farizon raises over $300 mln . en . Reuters . 2023-07-20.
2. News: 2023-07-20 . Geely truck unit, Farizon, raises $600 million in funding round . en . Reuters . 2023-07-20.
3. News: 2023-06-01 . 군산공장 인수한 명신, 4년 동안 생산은 전무 . ko . Hankyong . 2023-06-01.
4. News: 2024-05-29 . 명신 군산공장, 자동차부품·자동화설비 사업으로 전환 . ko . Newsis . 2024-05-29.
5. Web site: E5 (Pure Electric City Logistice Vehicle)-GCV . 2021-11-05 . www.geelycv.com . 5 November 2021 . https://web.archive.org/web/20211105063425/https://www.geelycv.com/en/cars/details/18.html . dead .
6. Web site: E200S (Pure Electric Box-type Transport Vehicle)-GCV . 2021-11-05 . www.geelycv.com . 5 November 2021 . https://web.archive.org/web/20211105063425/https://www.geelycv.com/en/cars/details/19.html . dead .
7. Web site: E200 Pure Electric Box-type Transport Vehicle-GCV . 2021-11-05 . www.geelycv.com . 5 November 2021 . https://web.archive.org/web/20211105063427/https://www.geelycv.com/en/cars/details/6.html . dead .