Lifan Motors
Lifan Motors, a Chinese automobile manufacturer founded in 1992, has been making waves in the automotive industry with its diverse portfolio of products. While the company is primarily known for producing motorcycles, they have also ventured into manufacturing cars and engines, expanding their reach and influence in the market.
In India, Lifan Motors made its presence felt by offering a range of motorcycles and scooters. As a prominent private automotive company in China, they sought to tap into the vast potential of the Indian automobile market, which boasts a massive consumer base. However, like many other foreign brands, Lifan Motors faced stiff competition from well-established domestic and international manufacturers.
Navigating the highly competitive Indian market presented its challenges, and gaining significant market share proved to be an uphill battle for Lifan Motors. Despite their efforts, they struggled to achieve the same level of recognition as some of their Chinese counterparts, who had managed to carve out a larger slice of the Indian automotive market.
Founded: 1992
Headquarter: Chongqing, China
Office: N/a
Website: http://www.lifanmotos.net/