On May 28, 2024, the Farizon New Energy Commercial Vehicle Group (Farizon) and Di Shang Tie New Energy Vehicle Service Network (Di Shang Tie) announced the establishment of a global strategic partnership. This collaboration aims to explore the green development path of the commercial vehicle industry through product development, market promotion, and joint efforts in expanding overseas markets, product technology innovation, ecosystem building, and capital markets. The partnership promises to inject robust green energy into the global commercial vehicle market.
Key attendees at the signing ceremony included Zhang Haiying, Chairman of Di Shang Tie; Yuan Guo, Vice President and General Manager of the Product Supply Chain Center at Di Shang Tie; Zhou Jianqun, Chairman of Farizon; Fan Xianjun, CEO of Farizon; and Farizon Vice Presidents Duanmu Xiaolu and Yang Dong.
About Di Shang Tie
Founded in 2015, Di Shang Tie is a leading global smart operation service provider for new energy logistics vehicles. The company is committed to the green and sustainable development of the industry ecosystem, striving to promote the full electrification and networked service of urban logistics vehicles. Di Shang Tie connects the entire value chain of the new energy logistics vehicle industry through lifecycle operation and smart operation service platforms, offering integrated asset operation and services, including vehicle rental and sales, charging, maintenance, and second-life utilization. This service-driven approach enhances efficiency and value for every industry participant, continually pushing for industry standardization and intelligence.
Synergistic Partnership
Leveraging Remote’s comprehensive product lineup and Di Shang Tie’s expansive new energy logistics service ecosystem, the partnership aims to provide users with integrated solutions encompassing purchase, usage, rental, maintenance, energy replenishment, finance, and remanufacturing. This collaboration will lead the green transformation in China’s logistics and delivery sector.
According to the strategic cooperation agreement, Farizon and Di Shang Tie will closely collaborate on several fronts:
- Joint Development and Market Expansion: By sharing technological resources and market channels, the two companies will jointly develop and promote targeted vehicle models that better meet user needs. The cooperation will extend from urban delivery to heavy truck scenarios, driving model innovation in the long-haul logistics field.
- International Market Expansion: The partnership will utilize regional authorizations and direct supply to major customers to conduct multi-level cooperation, accelerating the internationalization of both companies’ services and enhancing their global market influence.
- Vehicle Asset Management and Capital Market Collaboration: Both parties will deepen cooperation in vehicle asset ownership and operation management, achieving complementary advantages and jointly promoting development in the capital markets.
About Farizon New Energy Commercial Vehicle Group
Farizon, a wholly-owned subsidiary of Geely Holding Group, is China’s first commercial vehicle group dedicated to the new energy sector. The company focuses on green and intelligent development, guided by research and development, and houses China’s largest new energy commercial vehicle research institute. Farizon’s product range includes heavy trucks, light trucks, micro-trucks, LCVs, and buses, covering all commercial vehicle segments. Leading the industry’s new energy transformation, Farizon has seen its market share double for three consecutive years, maintaining over 20% market share and solidifying its position as the top new energy commercial vehicle brand.
Future Vision
Looking ahead, Farizon aims to continue its mission of “creating smart connectivity and leading green commerce.” The company will focus on technology-driven innovations and user-centric solutions, striving towards zero-carbon land transportation and a sustainable future.
