On September 26th, 2024, Farizon New Energy Commercial Vehicle Group and Jameel Motors (International) officially signed the Memorandum of Understanding, announcing that the two parties have established a global strategic partnership to deepen cooperation in the distribution of global new energy commercial vehicle and promote the development of zero-carbon land transport. The two parties will carry out distribution cooperation in multiple countries, covering a market of 450 million people.

Jameel Motors (International) is a leading provider of mobility solutions and also a preferred partner to world's top vehicle brands. As an independent dealership with profound knowledge and rich experiences, Jameel Motors (International) helps partners in the automotive manufacturing sector to learn users better, raise their market share, achieve sustainable growth, and enhance customer satisfaction and loyalty.

Farizon New Energy Commercial Vehicle Group, a commercial vehicle brand under Geely Holding Group, has held the number one position in China's market share for three consecutive years. Leveraging Geely's global resource system and development experience, Farizon is accelerating the pace of global expansion to create a second growth curve. Relying on Geely's successful experience in the passenger vehicle field, Farizon New Energy Commercial Vehicle is advancing the development of a diversified overseas ecosystem while simultaneously internationalizing its products. Cooperate with local resources to match the ecology of finance, energy, business models, transportation solutions, digital systems, etc., providing global users with a smart and green zero-carbon land transport experience. Currently, Farizon has exported several new energy products, including VANs, light trucks, small micro trucks, and buses to various countries in Asia-Pacific, the Middle East, and South America.