CFMOTO has announced its ambitious plan to invest 3.5 billion yuan in the establishment of a state-of-the-art research and production hub in Chongfu Town, Tongxiang City, Zhejiang Province. This facility, with an annual production capacity of 3 million motorcycles, electric vehicles, and core components, will serve as a cornerstone for the company's future growth. The project will be executed by CFMOTO's wholly-owned subsidiary, Zhejiang Jihe Intelligent Equipment Co., Ltd., with funding sourced from the company's internal reserves or self-raised capital.
