Geely to Release Concept Truck Supporting Different New Energy Sources This Year

geely
(Source: Geely)

Li Shufu, Chairman of Zhejiang Geely Holding Group, said on Thursday that Farizon Auto, a new energy brand under Geely New Energy Commercial Vehicles Group (GCV), will produce a concept truck this year. This model supports different sources of new energy power, such as pure electricity (including power exchange), extended range hybrid and methanol.

Li also said the truck provides users with an RV-like experience through automatic driving technology and a luxurious cockpit.

GCV has reportedly recruited nearly 2,000 R&D engineers. It has formed two major technical routes, namely, urban commercial vehicle system with pure electric and extended-range power system as the core, and road commercial vehicle system with methanol M100 clean energy and charging and replacing technology as the core. The firm’s products involve many commercial vehicle scenarios including heavy trucks, light trucks, small and micro trucks, van logistics vehicles and buses.

SEE ALSO: Geely to Issue 3.7 Billion Yuan in Stock to 10,000 Employees

The GCV website shows that the company was established in 2016 and is headquartered in Hangzhou. It is a wholly-owned subsidiary of Geely Holding Group. GCV focuses on R&D, manufacturing, sales and services related to new energy commercial vehicles and parts.

GCV has taken new energy and clean energy as its strategy since the very beginning, and its Farizon Auto only produces vehicles using new and clean energy.

GCV, Geely Auto and Volvo Cars constitute the three major automobile business segments of Geely Holding Group.