Where Is CFMOTO Made and Who Owns Them?

DIRECT ANSWER — Where Is CFMOTO Made?

CFMOTO is made primarily in Hangzhou, Zhejiang, China, the headquarters and main manufacturing campus of Zhejiang Chunfeng Power Co., Ltd., the publicly listed company that owns the brand. The Hangzhou facility has an annual production capacity exceeding 400,000 two-wheelers. Additional assembly operations run in Thailand, and a Mexico facility serves the North American market. CFMOTO is not owned by KTM or Yamaha; it is an independent, publicly traded Chinese manufacturer listed on the Shanghai Stock Exchange (ticker: 603129).

Who Owns CFMOTO?

CFMOTO is owned and operated by Zhejiang Chunfeng Power Co., Ltd. , a Chinese powersports manufacturer headquartered in Hangzhou, Zhejiang Province, China. The company was founded in 1989 by entrepreneur Lai Guoqiang , who started the business as an engine manufacturer at the age of 24. It is not a subsidiary of KTM, Yamaha, or any Western powersports corporation.

Zhejiang Chunfeng Power became a publicly listed company when it began trading on the Shanghai Stock Exchange in 2016 under the ticker code 603129. Public listing provided the company with the capital to accelerate its global expansion, invest heavily in research and development, and forge the international partnerships it is now known for. Leadership of the company has transitioned to Lai Guogui, continuing the founding family's direction of the business.

Where Is CFMOTO Made? Manufacturing Locations

Hangzhou, China — Primary Manufacturing Hub

The vast majority of CFMOTO vehicles are designed, engineered, and manufactured at the company's main campus in Hangzhou, Zhejiang Province, China. The Hangzhou facility is one of the largest powersports manufacturing complexes in Asia, with multiple factories on the same campus and an annual production capacity exceeding 400,000 two-wheelers, in addition to ATV and UTV production.

What sets the Hangzhou facility apart from many competitor plants is its degree of vertical integration. CFMOTO does not rely on third-party suppliers for its core powertrain components; it designs and manufactures its own engines in-house, from engine casting through to final assembly. This control over the production chain is a key reason the company is able to deliver competitive pricing without outsourcing quality control to external suppliers.

Thailand — Southeast Asian Assembly

CFMOTO operates an assembly facility in Thailand, which serves as its production base for Southeast Asian markets. The Thailand operation allows CFMOTO to reduce shipping costs and import duties for ASEAN-region customers while maintaining the same production standards applied in Hangzhou.

Mexico — North American Assembly

To better serve the North American market and reduce logistics costs from China, CFMOTO established an assembly facility in Apodaca, Mexico. This facility allows for faster delivery to Canadian and American dealers, shorter parts lead times, and more competitive pricing. The Mexico operation represents CFMOTO's most direct commitment to its North American dealer and customer base.

Is CFMOTO Owned by KTM or Yamaha?

No. CFMOTO is not owned by either company. It is an independent manufacturer with its own corporate structure and public shareholders. However, CFMOTO has formed significant strategic partnerships with both KTM and Yamaha that are frequently misunderstood as ownership relationships.

The KTM Partnership

CFMOTO and KTM entered a commercial partnership in 2011. By 2017, this had evolved into a formal joint venture called KTMR2R, which allowed CFMOTO to produce and sell KTM-branded motorcycles in China while incorporating KTM engineering standards and technology into CFMOTO's own vehicle development. The partnership exposed CFMOTO to European engineering disciplines and quality control processes that directly influenced its own model development, most visibly in the shared LC8c engine platform used in models including the 800MT and 800NK. Neither company owned equity in the other; it was a manufacturing and technology collaboration. The KTM partnership concluded in 2025 as CFMOTO accelerated its independent engineering capabilities.

The Yamaha Joint Venture

In September 2023, CFMOTO and Yamaha Motor established a joint venture called Zhuzhou CF Yamaha Motor Co., Ltd., headquartered in Zhuzhou, China. This collaboration focuses on the development and production of small-displacement motorcycles for specific Asian markets, bringing Yamaha's engineering expertise into CFMOTO's expanding portfolio. As with the KTM arrangement, neither company holds an ownership stake in the other through this partnership.

Does Where CFMOTO Is Made Affect Quality?

Buyers often ask whether CFMOTO’s global manufacturing approach translates into real‑world reliability and ownership satisfaction. We explore this in more detail in our article on CFMOTO a good Brand for motorcycles which looks at build quality, components, and long‑term value.

This is the most common concern buyers bring to our showrooms, and it is worth addressing directly. The perception that Chinese-manufactured vehicles are inherently lower quality has been challenged significantly by CFMOTO's production approach and racing results.

• Vertical integration: CFMOTO designs and manufactures its own engines, giving it direct control over powertrain quality, a standard that many smaller Chinese brands do not meet.
• International components: Current CFMOTO models feature Brembo brakes, KYB suspension, Bosch electronics, and TFT displays as standard equipment, the same suppliers used by mainstream Japanese and European manufacturers.
• Moto3 validation: In 2024, David Alonso won the Moto3 World Championship on a CFMOTO, the first constructors' title ever won by a Chinese manufacturer in Grand Prix motorcycle racing. Racing exposes engineering weaknesses that no marketing campaign can hide. Riders comparing specific platforms may also find our overview of the most popular CFMOTO models , which is helpful when evaluating engine sizes, intended use, and availability.
• More than 540 registered patents across CFMOTO's product range demonstrate ongoing in-house R&D investment rather than reverse-engineering competitor designs.
• Post-2018 models benefit significantly from the KTM partnership's influence on engineering standards, making them materially different products from earlier-generation CFMOTO vehicles.

CFMOTO Company Timeline

View Available CFMOTO Models

CFMOTO continues to expand its product lineup across ATVs, UTVs, and motorcycles.
Visit Maxxim Motorsports to view available CFMOTO models, check current inventory in Barrie and Oakville , or connect with our service team for factory‑authorized support and parts.

Frequently Asked Questions

1. Where is CFMOTO made?

   CFMOTO vehicles are primarily manufactured at the company's main campus in Hangzhou, Zhejiang Province, China, the headquarters of Zhejiang Chunfeng Power Co., Ltd. Additional assembly operations run in Thailand for Southeast Asian markets and in Apodaca, Mexico, to serve the North American market more efficiently. CFMOTO's Hangzhou facility has an annual production capacity exceeding 400,000 two-wheelers.

2. Who owns CFMOTO?

   CFMOTO is owned by Zhejiang Chunfeng Power Co., Ltd., a Chinese powersports manufacturer founded in 1989 by entrepreneur Lai Guoqiang. The company is publicly listed on the Shanghai Stock Exchange under ticker code 603129, and is not a subsidiary or division of KTM, Yamaha, or any other Western powersports brand. Leadership is currently held by Lai Guogui.

3. Is CFMOTO owned by KTM?

   No. CFMOTO is an independent company. KTM and CFMOTO had a joint venture partnership from 2017 to approximately 2025 called KTMR2R, which focused on co-manufacturing KTM models in China and sharing engineering technology. Neither company held an ownership stake in the other. The partnership has since concluded as CFMOTO expands its independent engineering capabilities.

4. Are CFMOTO vehicles good quality?

   Post-2018 CFMOTO models have significantly improved quality compared to earlier generations, benefiting from the KTM engineering partnership's influence on standards and processes. Current models feature international-grade components, including Brembo brakes, KYB suspension, and Bosch electronics. The 2024 Moto3 World Championship, won by the CFMOTO Aspar Team, provides real-world engineering validation. Known trade-offs include thinner dealer coverage in some regions and lower resale values compared to established Japanese brands.

5. Where can I buy or service a CFMOTO in Ontario?

   Maxxim Motorsports is an authorized CFMOTO dealer in Ontario with locations in Barrie and Oakville. Both locations carry CFMOTO ATVs, UTVs, and motorcycles, and provide factory-authorized service and genuine CFMOTO parts .