KTM’s joint-venture partnership with Chinese bike manufacturer CFmoto has been consummated in concrete, following a ground-breaking ceremony at the latter’s HQ in Hangzhou during April. Senior executives from both companies joined together to do the token spadework.
This marked the start of construction for a million sq-ft production, R&D, admin and testing facility set on a 10.57-acre site adjacent to CFMoto’s existing operation. Once complete, this joint-venture plant will have an initial annual capacity of 50,000 bikes employing KTM technology. Â
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