Loading organizations...
§ Private Profile · Hangzhou, Zhejiang, China
Commercial vehicle manufacturer developing and selling new energy electric and hybrid vehicles for logistics, focused on zero-emission transport.
Farizon Auto is a Hangzhou, China-based manufacturer that develops, produces, and sells new energy commercial vehicles, including electric and hybrid trucks, vans, and buses. Operating as the commercial vehicle division of Zhejiang Geely Holding Group, the company shares corporate lineage with recognizable automotive brands such as Volvo, Polestar, and Lotus. The enterprise has secured $900 million in total funding to date, which includes a $600 million Series A round completed in July 2023 to finance its international expansion and the European launch of its Super Van. Utilizing its proprietary GXA-M modular platform for zero-emission transport solutions, the manufacturer reached a significant operational milestone by surpassing 300,000 cumulative unit sales in 2024, following a strong domestic performance of 37,800 light commercial vehicles sold in 2022. Farizon Auto was originally established as a subsidiary in 2016.
Farizon Auto has raised $600.0M across 1 funding round.
Farizon Auto has raised $600.0M in total across 1 funding round.
Farizon Auto has raised $600.0M in total across 1 funding round.
Farizon Auto's investors include Boyu Capital, Hidden Hill Capital, Industry Foundation of Xiangtan, Linjiang Industry Group, United Clean Energy.
Farizon Auto has raised $600.0M across 1 funding round. Most recently, it raised $600.0M Series A in July 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 19, 2023 | $600M Series A | Boyu Capital | Hidden Hill Capital, Industry Foundation OF Xiangtan, Linjiang Industry Group, United Clean Energy | Announced |