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Reading: Farizon signs landmark distribution agreement for its commercial vehicle fleet, expanding its global reach to 11 countries.
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The Future Automobile > Electric Cars > Farizon signs landmark distribution agreement for its commercial vehicle fleet, expanding its global reach to 11 countries.
Electric Cars

Farizon signs landmark distribution agreement for its commercial vehicle fleet, expanding its global reach to 11 countries.

9 months ago 2 Min Read
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Farizon sign new distribution deal for its commercial vehicles covering 11 countries
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On September 27, Geely and Jameel Motors Worldwide announced a landmark agreement to distribute Farizon’s new electric industrial vehicles across 11 countries, covering a population of approximately 450 million people.

As part of its global settlement, Jameel Motors Worldwide will focus on distributing innovative vehicles under the Farizon brand, encompassing electric, hybrid, hydrogen, and methanol-powered models. The agreement encompasses distribution networks in both established and emerging markets, serving a diverse population exceeding 450 million individuals.

Founded in 2016 as a Geely subsidiary, Farizon specializes in the production of industrial vehicles. Its product range encompasses a spectrum of mild industrial vehicles, including cars, vans, and buses.

The lineup includes cutting-edge electric and methanol-powered vehicles, featuring the M100 truck introduced in 2019.

Jameel Motors Worldwide was founded in Saudi Arabia in 1945 as a global distribution company. The company’s operations currently span across multiple countries, including Algeria, China, Egypt, India, Japan, Morocco, Monaco, Saudi Arabia, and Turkey. Since its inception as a Toyota distributor in 1955, the company has expanded its portfolio to include a diverse range of brands, including Lexus, Ford, BYD, MG Motor, GAC Motor, Renault, Peugeot, Hino, Mitsubishi Motors, and Changan.

Jameel Motors Worldwide boasts a tech-agnostic approach. This technique fosters growth and diversification of its product portfolio by meeting evolving buyer demands across key global markets, thereby accelerating the company’s worldwide development trajectory, as Farizon supports the dealership model in meeting the rising demand for greener New Power Automobiles (NEV), such as hydrogen, methanol, and electric.

Jameel Motors boasts a substantial presence across 600 gross sales factors, spanning eight global markets that span the Middle East, North Africa, Europe, and Asia.

See also  In 2024, a staggering 76,713 BYD vehicles were registered in Brazil, marking a remarkable 327.68% increase over the previous year's figures.

Sources: Geely, Jameel Motors (Worldwide)

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TheFuture Automobile October 1, 2024 September 30, 2024
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