By the end of the year, the company expects to have some 500 units in operation on the Brazilian market.

The Farizon SV is priced from GBP 45,000 plus VAT, with order books now open and first deliveries expected later this year.

Heavy-duty trucks to be deployed at Tianjin, Huanghua ports.

Farizon signs local joint venture partnership.

The Duvenbeck Group has ordered 50 units of Farizon’s heavy-duty battery electric Homtruck, with the potential of larger orders in the future. This marks Farizon’s entry into Europe, as it plans to bring its SV Electric van to the UK and Europe later this year.

Methanol-hydrogen hybrid electric vehicles are also being developed for freezing temperatures.

The agreement is designed to support Farizon Auto’s expansion in the methanol-hydrogen and electric-powered commercial vehicle segment.

The Xinghan G hydrogen fuel cell truck is Farizon’s latest addition to its growing range of new energy commercial vehicles, which also includes battery, methanol and hydrogen powered trucks.

The new Xuanwu battery features in the Farizon Xingxiang V7E light van, which has a driving range of 305 km on a single charge and is aimed at the local delivery sector offering seven cubic metres of cargo capacity and a payload of 1.3 tons.

Farison Auto is a new brand name for CVs built and sold by Geely.

Farizon plans to use the funds to strengthen its R&D and new product development operations, as it looks to consolidate its position as China’s leading manufacturer of new energy commercial vehicles.

Geely's Farizon looks to change the concept of what an automonous tractor looks like in China.