March 1, 2023, Henan, China, On February 21, the world's first 100,000-ton green methanol plant jointly invested by Geely Holding Group and Henan Shuncheng Group was officially put into operation in Anyang. This is China's first and the world's largest carbon dioxide hydrogenation green methanol plant , which ignited a new lighthouse for China's energy diversification strategy.

During the ceremony, a framework agreement for the second phase of green methanol production in Anyang and the establishment of a new energy commercial vehicle operating company and a decision-making simulation platform project for the whole value chain of coal coke was also signed. Geely's Alcohol Hydrogen Technology signed an order for 300 methanol heavy trucks with Shuncheng Group and the first batch of 30 units was delivered to help zero-carbon land transportation.

With alcohol-hydrogen power as the center, a complete industrial chain such as methanol vehicles, parts, raw material methanol, transportation, deployment, and terminal filling can be built, and a large-scale methanol economic ecological chain can be formed. The promotion and application of methanol vehicles will generate huge economic benefits and social benefits.

Geely deployed Farizon new energy commercial vehicles in 2014, and alcohol-hydrogen power is one of the two core technology routes. At present, Farizon methanol heavy trucks have been promoted in Xinjiang, Qinghai, Shanxi, Inner Mongolia, Shaanxi, Gansu, Guizhou, Hainan, Henan and other places, and have achieved large-scale operation. The economy, applicability and reliability of the products have been fully verified. The technology maturity and launch scale are at the international leading level. Compared with traditional diesel heavy trucks, the fuel cost of Farizon methanol heavy trucks is reduced by 18%-32%, saving up to 1 yuan per kilometer, which greatly reduces logistics costs.

In 2022, Farizon methanol heavy trucks started testing and demonstration operations in Aalborg, Denmark. This was the first methanol vehicle in Denmark, and it also indicates that methanol will play an important role in promoting carbon neutrality in global transportation.

In recent years, Geely has accelerated the layout of the full value chain of methanol, built alcohol-hydrogen technology business with alcohol-hydrogen power as the core, and built a complete green methanol transport capacity ecology of alcohol, transportation, stations, and vehicles to help efficient zero-carbon land transportation.