On April 16, 2021, Foton and Kering Automobile signed a strategic cooperation agreement at the headquarters of Kering Automobile Group in Beijing. Based on the principle of common development and mutual benefit, the two parties will give full play to their respective advantages and cooperate in the production of new energy commercial vehicles as well as technology and other fields.
Foton, headquartered in Beijing and with more than 40,000 employees, is the backbone of China’s auto industry in terms of independent brands and independent innovation. With Beijing as its management center, Foton has vehicle and parts production bases in 13 provinces and cities, including Beijing, Tianjin and Lu, and is the commercial vehicle enterprise with the most complete varieties and the largest scale in China, which has been the first in China’s commercial vehicle industry for 16 consecutive years, and ranked first in China’s commercial vehicle export for 9 consecutive years, with its products covering 110 countries and regions around the globe. a historic day was ushered in on April 2, 2021: the realization of the 10 million units sold. This marks that Foton has become the first commercial vehicle enterprise in China with sales volume exceeding 10 million units, and the commercial vehicle enterprise with the shortest time to break through 10 million sales volume in the world, which provides capacity guarantee for the extremely large-scale delivery of KAIYUN automobile.