China’s Farizon Auto is seeking to develop a methanol ecosystem with the city of Chaoyang, in Liaoning province. The company had already signed a similar agreement earlier in the year.

Following in the footsteps of Handan (Hebei province), Chaoyang, a city with abundant wind and solar resources, is now set to start producing methanol and hydrogen. The agreement involves Farizon Auto, Windey Energy Technology Group and Liaoning Aerospace Linghe Automotive, a subsidiary of China Aerospace Science and Technology Corporation.

In fact, Farizon Auto, a subsidiary of Geely, is developing methanol-fuelled trucks. The aim of the agreement is to set up a demonstration zone for the application of methanol-powered electric vehicles, with an industrial production site to benefit from this fuel. Drawing on Geely’s two decades of expertise in this field, Farizon aims to build a diversified ecosystem around green methanol, with the production, transport and distribution of this fuel, in addition to vehicles.

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Article written by Laurent Meillaud and translated by Mariem Ben Tili