Thursday, 20 July, 2023

Farizon, Geely's Truck Unit, Raises $600M for Global Expansion

Farizon, Geely's truck unit, has secured $600 million in funding to expand its operations beyond China. It discusses how the substantial investment will support Farizon's plans to enter international markets and strengthen its presence in the global trucking industry. Geely's truck unit aims to leverage the funding to develop new technologies, enhance manufacturing capabilities, and establish a stronger foothold in the global commercial vehicle sector, driving future growth and innovation.