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Home> Company News> Global Methanol Capacity Doubles, FARIZON Leads Commercial Vehicle Energy Shift​

Global Methanol Capacity Doubles, FARIZON Leads Commercial Vehicle Energy Shift​

2025,12,19
Global Methanol production capacity has doubled between 2023 and 2025, with renewable methanol’s share rising to 18%, according to the IEA’s 2025 Renewable Fuels Market Report. This positions methanol as a core alternative to fossil Fuel for commercial vehicles and maritime shipping, driving significant growth for FARIZON’s methanol engines, enabled by mature technology and broad application adaptability, as a key driver in the industrys energy transition.​

Global energy policies are accelerating this momentum. The EU has included methanol in its sustainable fuel priority list, offering up to €0.8/liter subsidies for renewable production. The U.S. offers $40,000 tax credits for methanol-powered commercial vehicles under the Inflation Reduction Act; Southeast Asian nations fund methanol refueling infrastructure. FARIZON’s engines feature proprietary high-efficiency combustion and after treatment technologies, cutting emissions by over 70% compared to diesel, while being compatible with both conventional and green methanol for long-haul, mining, and urban distribution.​

"Our Peruvian mining fleet fully switched to FARIZON engines, reducing per-kilometer costs by 40% while meeting local carbon emission standards," said an international mining procurement director. Bulk deployments in Indonesia and Malaysia leverage regional renewable methanol growth, forming a "fuel-equipment-operation" low-carbon loop.​

Complemented by FARIZON’s diesel and natural gas engines (catering to transitional and gas-rich market needs), methanol engines hold international certifications (SNI, CARB, ECE R49) and are exported to 30+ countries. Installed in 12,000+ vehicles, they’ve reduced emissions by over 800,000 tons.​

FARIZON will increase R&D to enhance fuel adaptability and efficiency, partnering with methanol producers and refueling operators to deliver an integrated "equipment-fuel-service" solution, offering cost-effective, sustainable power for global customers and advancing carbon neutrality.

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Mr. Yu Lin

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