ZF and Farizon Form Strategic Partnership for Innovation

05 July 2024

On June 27, Yu Sujie, Senior Vice President of ZF and President of Commercial Vehicle Solutions (CVS) APAC, visited Farizon and held in-depth discussions with Mike Fan, CEO of Farizon New Energy Commercial Vehicle Group. During the meeting, Rick Li, Key Account Executive of CVS China, and Shangguan Yunfei, Vice President of Farizon New Energy Commercial Vehicle Group, signed a strategic cooperation agreement on behalf of their respective companies. Both parties will fully utilize their resources, combining ZF's strengths as a Tier 1 supplier in the commercial vehicle field with Farizon's expertise in methanol-hydrogen and electric vehicle sectors within the commercial vehicle industry. This collaboration aims to form an effective technological complement and jointly develop a full range of globally competitive commercial vehicle products centered on methanol-hydrogen and electric power.

Group photo of strategic cooperation signing ceremony

In recent years, the penetration rate of new energy in the heavy truck market has accelerated, making the adoption of green, low-carbon, and energy-efficient new energy heavy trucks a prevailing trend. At the same time, heavy truck companies have gradually increased their investment in R&D. Farizon New Energy Commercial Vehicle Group is a wholly-owned subsidiary of Geely Holding Group. Since its establishment, Farizon has been defining vehicles based on various scenarios. Through technological upgrades and breakthroughs, Farizon has overcome a series of operational limitations users face, leading the new energy heavy truck market into an all-scenario race. The economic performance, applicability, and reliability of Farizon’s new energy heavy trucks have been fully verified. Adhering to the "methanol-hydrogen + pure electric" technology route, Farizon has also independently developed the full-stack methanol-hydrogen electric powertrain. The methanol-hydrogen electric heavy trucks combine the advantages of both pure electric and methanol-hydrogen heavy trucks, offering excellent driving experience and economic performance. Over the past six months, these trucks have been delivered in batches across multiple regions, deeply empowering the logistics industry with new productivity in commercial vehicles.

As a global technology company, ZF is dedicated to providing advanced mobility products and systems for passenger cars, commercial vehicles, and industrial technology. ZF Commercial Vehicle Solutions (CVS) division is helping shape the future of commercial transportation ecosystems and is committed to becoming the preferred global technology partner in the commercial vehicle industry. Leveraging ZF’s expertise in commercial vehicle systems, extensive technology portfolio, and global operations, CVS serves the entire commercial vehicle industry value chain. It innovates, integrates, and supplies components and advanced control systems that help commercial vehicles and fleets operate more safely and sustainably.

Farizon new energy commercial vehicles

The strategic cooperation between ZF and Farizon focuses on drive-by-wire architecture, chassis technology, and transmission technology. As a strategic supplier for Farizon in power transmission, intelligent driving, and core chassis components, ZF's core systems and solutions are integrated with Farizon's innovative Homtruck platform. This strong alliance will further enhance the core competitiveness of Farizon's products, especially the full range of new energy products, enabling them to better serve users and create greater value.

Leveraging the strategic cooperation, ZF will continuously support Farizon to provide users with reliable and innovative new energy heavy truck products for all scenarios. This will accelerate the empowerment of the logistics industry with new productivity and help build a new landscape of green land transportation.

Source : www.chinabuses.org

Editor : ZF


Tags: ZF Farizon

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