On March 17, DiDi Freight, Farizon, and Weiyou Technology's strategic cooperation release conference, "Joint Venture to Create an Intelligent Future," was grandly held in Nanchong, Sichuan Province. The three parties jointly established "Hangzhou Xingyuan New Energy Technology Co., Ltd." (hereinafter referred to as Hangzhou Xingyuan). This strategic cooperation is a groundbreaking integration of the three parties in the new energy commercial vehicles field. It is also a new exploration of the "Smart Transportation" ecosystem and a far-reaching layout for the future development of the urban distribution logistics industry.
On the day of the event, 6,000 units of YD01, YD02, and YD03 new energy commercial vehicle products were delivered. These customized models are based on Hangzhou Xingyuan’s business and customized and developed from Farizon New Energy Commercial Vehicle products. Hangzhou Xingyuan will integrate the advantages of the three parties in their respective industries and further promote areas such as insurance empowerment, financial sales assistance, smart transportation, vehicle rental and sales, used car business, channel sinking, and user services to assist in the new energy transformation of platform products.
Forging a new model of smart freight and co-creating a win-win ecosystem
The current new energy commercial vehicle market is in a stage of rapid development. Driven by the global green transformation trend and policy incentives, market demand continues to rise, and the demand for efficient, environmentally friendly, and intelligent logistics solutions is particularly urgent. DiDi Freight, a service platform under DiDi focusing on same-city logistics, provides efficient and user-friendly solutions for urban logistics with its technological advantages in big data, artificial intelligence, etc., and a broad user base and service network.
As an industry leader, Farizon has been deeply engaged in the new energy commercial vehicle track for 11 years. It has always insisted on research and development as the guide. Through the scenario complementarity of the two core technology roadmaps of "Methanol Hydrogen + Electric", Farizon achieved a leading position in annual market share in 2024. With cumulative sales surpassing 300,000 units, it is driving the transformation and upgrading of the industry. Since 2024, Farizon's cooperation with DiDi Freight has continued to deepen, and more than 1,000 units of new energy commercial vehicles have been put into invoicing operations on the DiDi platform.
The three parties will work together to build a "Smart Transportation Center". The core of the model is to break down the barriers between traditional industries, deeply integrating DiDi Freight's "platform advantage", Farizon's "smart manufacturing capabilities", and Weiyou Technology's "rental, sales, service, and transportation management", providing freight drivers, partners, and end users with a "one-stop solution" and exploring new application models for new energy commercial vehicles.
The "Smart Transportation Center" will connect to the Farizon "Huiguanche" platform and combine it with intelligent assisted driving technology to improve logistics efficiency exponentially. In addition, with the help of a network of more than 2,000 regional ecological centers that Farizon covers the entire country, it can quickly reach the markets of third- and fourth-tier cities, allowing the logistics convenience and benefits brought by new energy commercial vehicles to reach every corner of the country. With the deepening of the strategic cooperation, Farizon and DiDi Freight will jointly build a new win-win ecosystem.
Technology fuels quality advancement, and Farizon propels industry transformation
Farizon's efforts and contributions are obvious to everyone in the new energy commercial vehicles field. As a leader in the industry, Farizon has always adhered to the development strategy of "based in an innovative business model while concentrating on R&D," and has become the industry's well-deserved No. 1 brand of new energy commercial vehicles. Farizon products have won wide recognition in the market and users' trust with their powerful advantages such as economy, reliability, intelligent safety, etc.
This batch of vehicles delivered are customized models developed for the Farizon urban delivery logistics product matrix. These will bring extremely low usage costs and an efficient operation experience to Hangzhou Xingyuan’s users. For medium- and long-distance intercity delivery and intercity logistics, Farizon also provides methanol-hydrogen electrification products from which users can choose.
The "Smart Transportation Center" established by the three parties is another innovation in the channel model of new energy commercial vehicles and reflects the integration of vertical markets such as Farizon ecological networks and platform freight. In the future, Farizon will also strengthen cooperation with industry partners, actively explore new models of strategic cooperation in new energy commercial vehicles, and lead the transformation of the commercial vehicle industry from "hardware-defined vehicles" to "user-based vehicles."