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Geely truck unit raises $600mn - Vimarsana News

Geely truck unit raises $600mn

China's Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely, has raised $600 million in a Series-A funding round, the company said in a statement, reports Reuters. The Hangzhou-based company, which produces and markets hybrid and pure electric commercial vehicles, said it plans to use the funds for further technology…

Geely truck unit, Farizon, raises $600 million in funding round - Vimarsana News

Geely truck unit, Farizon, raises $600 million in funding round

China's Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely, has raised $600 million in a Series-A funding round, the company said in a statement.The Hangzhou-based company, which produces and markets hybrid and pure electric commercial vehicles, said it plans to use the funds