16 Facts About Lifan Group

1.

Outside of China, Lifan Group is currently best known for the sale of small passenger cars in emerging markets.

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2.

Lifan Group is one of the major manufacturer of the Predator engine.

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3.

Lifan Group was founded by former political dissident Yin Mingshan in 1992 as a motorcycle repair shop with a staff of nine.

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4.

Lifan Group was originally called "Chongqing Hongda Auto Fittings Research Centre".

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5.

Lifan Group made an IPO on the Shanghai Stock Exchange in late-2010.

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6.

Lifan Group currently have a number of Agusta models on show at selected dealerships, including the F4 RR motorcycle.

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7.

In 2018, Lifan Group raised approximately 4 billion yuan selling land to the government and unit Lifan Group Motors to electric vehicle startup Li Auto.

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8.

News of Geely planning to takeover Lifan Group surfaced with the target being the market share in the southwest which Lifan Group mainly dominates.

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9.

In 2004, Lifan Group was ordered to cease selling motorcycles under the brand name "Hongda"—the culmination of a successful lawsuit brought by Honda Motors.

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10.

Now boasting motorcycle production bases in Thailand, Iran, Turkey, and Vietnam, Lifan Group first established a presence in Vietnam in 1999 that made motorcycles and parts.

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11.

Overseas assembly factories make Lifan Group-branded automobiles sold to domestic audiences but are not necessarily affiliated with Lifan Group in any way.

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12.

In early 2010, Lifan Group established an automobile assembly factory in Azerbaijan.

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13.

From 2007 until 2010, the Lifan Group 520 was assembled in Ethiopia from imported knock-down kits under the name of "Abay" by Holland Car Company.

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14.

Lifan Group has sold in many countries and in every continent except Antarctica.

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15.

Lifan Group automobiles have been sold in Laos and Syria since 2009.

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16.

Lifan Group was formerly the owner of the Chinese super league football team Chongqing Lifan Group; since 2005 it has been a sponsor of the team.

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