Farasis Energy becomes Mercedes-Benz Group's comprehensive electrification strategic partner

Farasis Energy has become the comprehensive electrification strategic partner of Mercedes-Benz Group, exclusively supplying the three models of Mercedes-Benz EQ series, EQA, EQB and EQE, as well as the overseas model EQS. Since the global mass delivery of the Mercedes-Benz EQ series in 2021, Farasis Energy's operating income has increased from 1.12 billion yuan in 2020 to 16.472 billion yuan in 2023, with a revenue growth of nearly 14 times in four years.