HongShan, the China-focused venture capital firm formerly known in English as Sequoia China, has invested in ZXMOTO, the Chongqing-based motorcycle maker founded by Zhang Xue. The two sides will work together to develop world-class products and compete on international racing circuits.
ZXMOTO focuses on high-performance motorcycles and entered the World Supersport class of the FIM Superbike World Championship in 2026. The company has not disclosed the size or structure of HongShan’s investment. [TechNode reporting]