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CFMOTO was established in 1989 by Lai Guoqiang. [4] In 2013, it began to be involved in the construction of high-end yachts. [5] In 2011, CFMOTO and KTM entered into a commercial partnership. In 2017, the two companies started a joint venture [6] [7] that allows the production and sale of KTM motorcycles in China under the name of "KTMR2R". [8]
The Force 5 was designed in 1972 by Fred Scott and Jack Evans who were well known for their boat designs. AMF Alcort manufactured the boats in increasing quantities and by the late 1970s the boat and class was highly popular. [2]