A motorcycle designed and manufactured by CFMoto. [Photo/WeChat account: visithangzhou]

Hangzhou-based companies are ramping up their overseas presence across the motorcycle and electric vehicle (EV) sectors, with strong revenue growth and expanding footprints in both mature and emerging markets.

Leading the charge is CFMoto, which reported over 10 billion yuan ($1.4 billion) in overseas revenue in 2024 — accounting for two-thirds of its 15-billion-yuan earnings. Motorcycle sales alone contributed nearly 3 billion yuan, marking a 30 percent year-on-year increase.

The company said it will continue to deepen its presence in North America and Europe while actively expanding into Latin America and the Middle East. CFMoto plans to develop products tailored to local markets, aiming to further boost its global market share.

In Africa, Hangzhou-based MacCar has launched its Rabbit Motor brand, already selling over 3,000 EVs in Nigeria. At the recent China-Africa Economic and Trade Expo, company representatives shared plans to expand beyond EVs into used cars, electric tricycles, and logistics vehicles — broadening its offerings to meet diverse market demands across the continent.

With tailored strategies and product innovation, Hangzhou's mobility brands are gaining traction globally and positioning themselves as key players in the evolving international transportation landscape.

Hangzhou-based MacCar expands into the African market by opening localized brand Rabbit Motor. [Photo/WeChat account: caetexpo]