CFMOTO OPENS A NEW FACTORY IN MEXICO
On July 20th, CFMOTO inaugurated its first factory in Mexico in the Vynmsa Industrial Park in Apodaca, Nuevo León (northeast of Mexico) — an essential milestone for CFMOTO’s North American market journey.
More than 100 guests, including government officials from Mexico, media representatives, experts, suppliers, and partners, attended the opening ceremony and witnessed the first UFORCE UTV roll off the production line.
Evan Zhang, the general manager of CFMOTO Mexico, introduced the factory. The project started in March 2022 and was completed by July 2023. The factory has a total area of 75,000 square meters with a total investment of 46 million USD. It includes two plants with an area of 37,000 square meters, covering welding, painting, and assembly.
The annual capacity of the CFMOTO Mexico factory is 100,000 units, starting with UTV production and expanding to include more models in the near future. The factory has created more than 500 jobs in the Apodaca region.
Iván Rivas, Secretary of Economy of the Government of Nuevo León; César Garza Villarreal, Mayor of Apodaca; Maggie Alcantara, Director General for Global Investment at MoFA Mexico; and Minjie Lai, CEO of CFMOTO, attended the ceremony and delivered speeches. Jesús Seade Kuri, Ambassador of Mexico to the People’s Republic of China, congratulated the launch of the CFMOTO Mexico factory via video.
Lai expressed appreciation for the support the CFMOTO Mexican factory received from the local authorities. “Mexico is a country full of passion and opportunities. The hospitality from local people and its business environment impressed me. Without the support of the Mexican government, our employees, and local partners, we would be unable to make this progress,” said Lai.
He also emphasised that the Mexican factory is a key to CFMOTO’s global growth strategy. “The Mexican factory represents a cornerstone of our vision to become a premium global powersports brand. The production at the factory will help CFMOTO significantly lower its cost, giving it more edge in the market competition and providing better service to our global customers. We will continue to work with local partners to explore the global market and promote a higher level of development,” said Lai.
“Since this administration began in October 2021, we have introduced 148 investment projects so far, and 27% of them correspond to the automotive industry, one of the most dynamic industries in the world. In particular, 28 of these projects belong to companies from China. Congratulations to the CFMOTO Mexican factory. I’m looking forward to more cooperation with CFMOTO in the future,” said Iván Rivas.
CFMOTO always aims to higher goals to offer better, more advanced, and more fun products to the worldwide market. The production in Mexico is a major step in CFMOTO’s global push for a world-leading powersports company. Local production could help CFMOTO cater to the burgeoning demand of the American market and build on recent momentum for the company.