What Brand Does SWM Motors Belong To?
1 Answers
SWM Motors is a domestic brand. In 2014, Chinese private enterprise Xinyuan Holdings went to Italy and acquired the SWM brand, along with purchasing a motorcycle factory previously owned by BMW in Italy. Additionally, they established an automotive design center in Milan, Italy. Supplementary information: 1. On August 30, 2016, SWM Motors launched its first model, the 'SWM X7', in Chongqing, targeting the mid-to-large seven-seat SUV market. On June 8, 2017, SWM Motors officially released its second strategic model, the SWM X3. 2. SWM Motors has planned three major vehicle platforms and will gradually introduce 9 traditional energy vehicles and 2 new energy vehicles. The product lineup covers SUVs, MPVs, and recreational vehicles, forming a comprehensive product spectrum.