Commercial vehicle manufacturer FOTON (headquartered in Beijing, China) on its 27th anniversary, marked the occasion with a grand brand rejuvenation launch event where unveiled five major business strategies.
FOTON will target urban markets, city clusters, and long-haul logistics markets. It will focus on pure electric, hydrogen fuel, and hybrid technologies to expedite the layout of new energy vehicle products, aiming for a 20% penetration rate of new energy vehicle products by 2025 and 50% by 2030.
Press release https://is.gd/LBXPTo
Photo courtesy of FOTON