Yes, you read that correctly – CFMOTO have continued to stay on the top spot in the European ATV market. With 25% market share, they are bigger than any other ATV manufacturer in Europe.
CFMOTO are now in their 31st year since starting production of motorcycle and scooter engines. Now CFMOTO are number 1 in 17 European countries including Germany, Austria, Estonia, Czech Republic, Spain, Sweden and Portugal.
With the launch of the new CFORCE 625 and 625 Touring ATVs in late 2020, CFMOTO are expecting to further increase their market share.
In recent years, many Chinese companies and factories like CFMOTO are accelerating the pace of international expansion, either by developing the overseas business or by setting up branches in another country. However, due to the lack of local business sense and know-how, those who initiate are numerous but those who see success are rare.
With the CFMOTO-KTM partnership, customers across the world have seen the rapid growth of the CFMOTO brand in the international markets. Since 2013, CFMOTO have been the authorised distributor of KTM in the Chinese market; in 2017, the joint venture agreement was enacted; then in 2020, the new R&D factory and manufacturing facilities have been opened and starting from now on, new products of a huge variety will go to market in the future.
CFMOTO is a world-class company specialising in the powersports industry; over the last 31 years, it has been dedicated to the industry – offering products ranging from ATV, side-by-side vehicles, motorcycles, engines to parts and accessories. It is not only a leading brand name in China but also plays a dynamic part in the global community. CFMOTO established its operation in the USA in the year 2007 and since then, CFMOTO has been making in-roads to gain more and more market share in America too. More than that, CFMOTO also boasts the top market share in most of European countries. From small beginnings as a manufacturer of motorcycle parts, to the leading powersports brand name in China – CFMOTO have a great reputation in the ATV world, serving customers all over the world with well-developed products with a customer-focused experience. The core values “Determined, progressive, more fun” drive CFMOTO further ahead to create a shared experience and unite people to Experience More Together.