Geely Holding Group

Geely Farizon Launches Full EV Truck Lineup at IAA, Expands to 28 EU Nations

Geely Farizon Launches Full EV Truck Lineup at IAA, Expands to 28 EU Nations

Hanover, Germany – September 19, 2026 -- Geely Farizon unveiled its full-spectrum electric commercial vehicle portfolio at IAA Transportation 2026, entering Europe as a manufacturing and service partner rather than a pure exporter. The lineup spans the Farizon SV light commercial vehicle, the compact Farizon V7E, and the flagship pure-electric heavy-duty Homtruck, targeting fleets under pressure to decarbonize without sacrificing uptime or total cost of ownership.

Farizon SV earns five-star Euro NCAP rating and IVOTY 2026 runner-up honors

The Farizon SV secured a five-star Euro NCAP safety rating and finished as runner-up for International Van of the Year (IVOTY) 2026 and the What Van? 2026 Zero Emission Van Award. IAA Hanover also previewed the upcoming Farizon SV MY27, which adds upgraded battery-motor performance and four-wheel-drive capability.

China NEV Penetration Hits 65.1% as 100+ New Models Launch in H1 2026

Beijing – September 03, 2026 -- China's auto market posted more than 100 all-new models in the first half of 2026, with gasoline-powered vehicles accounting for less than 20 percent of new launches, as new-energy vehicles (NEVs) cemented their dominance over combustion engines.

NEV retail penetration hits 65.1 percent in July, sustaining a shift begun in late 2025

Monthly NEV retail penetration crossed 50 percent at the end of 2025 and stayed above 60 percent from April through July 2026, reaching 65.1 percent in July. More than 80 percent of gasoline-car owners now choose an NEV when replacing their vehicle, even as gasoline-vehicle prices have been cut sharply.