Shanghai (ZXZC)- On September 26, 2024, Geely's Farizon New Energy Commercial Vehicle Group ("Farizon") signed a memorandum of understanding (MoU) with Jameel Motors (International), marking the establishment of a global strategic partnership, according to Farizon's press release.

Photo credit: Farizon

The collaboration aims to deepen cooperation in global new energy commercial vehicle distribution and accelerate the transition toward a zero-carbon future in land transportation. Together, the companies will develop distribution channels across multiple countries, covering a market of 450 million people.

Jameel Motors (International), a mobility brand under Abdul Latif Jameel, is a leading provider of mobility solutions and a trusted partner to top automotive brands worldwide. As an independent distributor, Jameel Motors leverages its extensive market knowledge to help automotive partners connect with customers, boost market share, achieve sustainable growth, and foster customer satisfaction and loyalty.

Farizon, benefiting from Geely's global resources and expertise, is rapidly expanding internationally to build its second growth curve. In addition to product globalization, the company is also advancing the development of diverse ecosystems abroad. By collaborating with local partners, Farizon is integrating financial services, energy solutions, business models, transportation systems, and digital platforms to offer intelligent, green, zero-carbon transportation experiences to global users. It has already exported a range of new energy vehicle products, including vans, light-duty trucks, mini-trucks, and buses, to countries across the Asia-Pacific, Middle East, and South America.

In 2024, Farizon has solidified partnerships with various global companies to strengthen international cooperation and technological connectivity. On September 18, during the IAA TRANSPORTATION 2024 in Germany, Farizon signed an MoU with ZF Group to expand their strategic partnership. A day later, Farizon inked another MoU with Germany's Duvenbeck Group to collaborate in Europe, with a commitment to deliver 50 Farizon Homtruck units in 2025, accelerating its market expansion in the region. Additionally, the company's purpose-built electric large van, the Farizon SuperVAN, is set to be officially launched in Europe by the end of the year.