FAW Group

company

About

FAW Group is a Chinese state-owned automotive manufacturing company.

  • 10001 - max

Details

Industries
Automotive,Autonomous Vehicles,Manufacturing
Founded date
Jul 15, 1953
Number Of Employee
10001 - max
Operating Status
Active
Investor Type
Venture Capital

FAW Group is a Chinese state-owned automotive manufacturing company.

China FAW Group is a global leader in the vehicle manufacturing industry with a 50-year history of innovation. Founded in 1953, FAW employs 118,000 people around the world and sells products in over 70 countries. FAW is a diversified maker of quality light, medium, and heavy-duty trucks, automobiles, municipal buses and luxury tourist coaches, custom bus chassis, and mini-vehicles with total sales in excess of 7 million vehicles worldwide. FAW maintains the lead market position within China while continuing to expand into new international markets, executing a carefully planned strategy to build a comprehensive global organization.

FAW produced China's first Jiefang commercial truck in 1956, and in the year 1958, China's first Dongfeng car and first Hongqi luxury sedan rolled off the production. Since then, FAW has been at the forefront of promoting China's automotive industry.

FAW has 16 wholly owned subsidiaries and controlling interest in 15 partially owned subsidiaries including FAW Foundry, with headquarter in Changchun, Jilin Province. FAW's domestic production facilities, subsidiaries, and engineering development and test centers are located in 18 locations throughout China.

Investments

Number of Investments
Number of Lead Investments
1
1
FAW Group has made 1 investments. Their most recent investment was on Jun 27, 2022, when Horizon Robotics raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Jun 27, 2022 Horizon Robotics
Corporate Round Autonomous Vehicles Yes