TEDA Welcomes the Methanol-Hydrogen Ecological Headquarters of Geely Farizon

On August 29, TEDA Administrative Commission signed a project agreement with Geely Farizon New Energy Commercial Vehicles Group (hereinafter referred to as Farizon). Farizon will establish its methanol-hydrogen ecological headquarters in TEDA, engaging in activities such as research, sales, and operation of methanol vehicles, methanol trade and refueling, and green methanol production. After the project is put into operation, it will infuse new vitality into Tianjin’s automotive industry. It will comprehensively drive the development and gathering of upstream and downstream enterprises in the industry chain. This will also assist in the establishment of a large-scale methanol industry ecosystem in Tianjin and even the Northern China, contributing to the creation of a new clean energy industry system in line with the national “dual carbon” strategy.

Geely’s Farizon Commercial Vehicles is the only domestic enterprise that covers heavy-duty trucks, light trucks and buses. The methanol-hydrogen power branch is a distinctive strategic technological path for the group and has achieved industrialized operation. Leveraging Geely’s 18 years of technical expertise in liquid hydrogen and methanol power, Geely Farizon has successfully developed the world’s first methanol heavy-duty truck and put it into mass production. The product technology is at the forefront on an international level.