CFMOTO breaks ground on inaugural ATV Assembly Plant in Mexico

Millionaire Chinese investment in Nuevo León

CFMOTO inaugurated its first plant in Mexico, which had an  investment of 46 million dollars and will be generating more than 500 jobs.

The Chinese company decided to set up its factory in Apodaca,  Nuevo León , which has 75,000 square meters of land and plans to manufacture 100,000 all-terrain vehicles per year.

CFMOTO is a company that specializes in manufacturing ATVs, motorcycles, engines and accessories. Globally, it has a presence in Asia, Europe and North America and has more than 5,000 employees.

Premium global powersports brand

Minjie Lai, CEO of CFMOTO, said that the installation of this plant in Mexico represents a cornerstone of their vision to become a premium global motorsports brand.

 “Production from this factory will help  CFMOTO  significantly reduce its costs, giving it a greater advantage in market competition and better serving our global customers. We will continue to work with local partners to explore the global market and promote a higher level of development,” he said.

Automotive sector, leader in investment projects

Iván Rivas, head of the  Nuevo León Ministry of Economy , said that, from October 2021 to date, 148 investment projects have been confirmed, representing 21,559 million dollars and the creation of 92,058 new jobs.

"27% of the 148 investment projects correspond to the automotive sector, one of the most dynamic in our economy."