CFMOTO Completed Building a New Factory in Mexico

CFMOTO inaugurated its first factory in Mexico on July 20th. The Mexican factory stands for a total investment of 46 million USD and has an annual capacity of 100,000 units. The event marks a milestone for the renowned Chinese brand’s exploration in the North American market. The factory is located in the Vynmsa Industrial Park in Apodaca, Nuevo León, in the northeast part of the country.

ZHEJIANG CFMOTO POWER CO., LTD. CFMOTO is a world-class company specializing in the power sports industry and was founded in 1989. The company develops, manufactures, markets, and delivers reliable motorcycles, off-road vehicles such as ATVs and Side-by-Sides, engines, frames, parts, apparel, and accessories, which are distributed through over 3000 dealers worldwide.

Government officials from Mexico, media representatives, experts, suppliers, and partners attended the opening ceremony. The guests witnessed the first CFMOTO UTV rolling off the production lines. The innovative, efficient, and advanced manufacturing facilities and CFMOTO’s research and development capability made quite an impression.

Evan Zhang, the general manager of CFMOTO Mexico, briefly presented the factory.

Started in March 2022 and finished in July 2023, the CFMOTO Mexican factory has a total area of 75,000 square meters with a total investment of 46 million USD. It is based on two plants with an area of 37,000 square meters, covering welding, painting, and assembling. The annual capacity of the CFMOTO Mexico factory is 100,000 units, from UTV production to more models in the next few years. The factory brought more than 500 jobs to Apodaca.

Iván Rivas, Secretary of Economy of the Government of Nuevo León; César Garza Villarreal, Mayor of Apodaca; Maggie Alcantara, Director General for Global Investment at MoFA Mexico; and Minjie Lai, CEO of CFMOTO, attended the ceremony and each of them held speeches. The Ambassador of Mexico to the People’s Republic of China, Jesús Seade Kuri, congratulated the launch of the CFMOTO Mexico factory via video.
Lai showed appreciation for the support the CFMOTO Mexican factory received from the local authorities:
“Mexico is a country full of passion and opportunities. The hospitality from local people and its business environment impress me. Without the support of the Mexican government, our employees, and local partners, we would be unable to make this progress,” declared Lai.
He also highlighted that the Mexican factory is key to CFMOTO’s global growth strategy.
“The Mexican factory represents a cornerstone of our vision to become a premium global powersports brand. The production at the factory will help CFMOTO significantly lower its cost, giving it more edge in the market competition and providing better service to our global customers. We will continue to work with local partners to explore the global market and promote a higher level of development,” added Lai.

Iván Rivas: “Since this administration began in October 2021, we have introduced 148 investment projects so far, and 27% of them correspond to the automotive industry, one of the most dynamic industries in the world. In particular, 28 of these projects belong to companies from China. Congratulations to the CFMOTO Mexican factory. I’m looking forward to more cooperation with CFMOTO in the future”.

CFMOTO Opened a New Factory in Mexico

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