Farasis Energy and FAW Jiefang Automobile Co., Ltd., a leading commercial vehicle manufacturer in China, will partner on commercial vehicle applications. Both companies will collaborate closely on commercial vehicle semi-solid-state and solid-state battery projects for light-, medium- and heavy-vehicle platforms, and specific scenarios such as long-haul transportation, urban logistics, and municipal engineering.

The goal of this cooperation is to create new energy vehicle products that are more competitive in the market and leading in industry technology.

Farasis Energy focuses on product and technical advantages. We will provide FAW Jiefang with high-quality products with market competitiveness, accelerate technological innovation in the field of new energy vehicles, verify products with the market and lead the new energy transformation. Together we will create a new blueprint for the development of the new energy vehicle industry.

—Chen Binbo, General Manager Farasis Energy

Farasis Energy is a developer and manufacturer of high-performance lithium-ion battery technology and pouch cells for electric mobility and other sustainable power storage solutions. Founded in 2002 by Dr. Keith Kepler and Dr. Yu Wang in California, the company now operates research and development centers in China, Germany, and the United States.

There are currently two production facilities in Ganzhou and Zhenjiang (China), with further production facilities being built by 2025, thereby increasing total planned capacity to 145 GWh/a. A new battery plant is also being built in Gemlik (Turkey) with the establishment of the Siro joint venture between Turkish electric car manufacturer Togg and Farasis Energy, which produces modules and packs since March 2023.

In addition to Togg, its major strategic partners also include companies such as Mercedes-Benz and Geely.