Farizon Homtruck

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Geely’s commercial vehicle group, Farizon Auto, is planning to roll out the new Homtruck in 2024 and is targeting international markets too, the divisions CEO Mike Fan told CNBC in an interview on Monday.

“This product is designed and developed facing the global market,” Fan said, according to a CNBC translation, adding that the company would target Europe, Korea, Japan and North America, with the new vehicle.

Geely’s Homtruck launch comes as a number of automakers from Mercedes-owner Daimler to Warren Buffett-backed BYD have announced their own electric trucks. Tesla, which announced its own truck called the Semi in 2017, has delayed production of that vehicle for some time.

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