KTM AG: what it holds, with stakes and dates
Facts checked Chinese holding 2%
KTM is Austrian and now Indian-controlled, with a small Chinese shareholder. Bajaj Auto of India completed its purchase of the controlling holding in November 2025 for about EUR 800m and indirectly controls roughly 74.94% of the listed parent, renamed Bajaj Mobility AG. China's CFMoto has held about 2% of that parent since 6 July 2023 and builds KTM's LC8c-powered 790 Duke and 790 Adventure at a joint venture in Hangzhou, so some KTMs are Chinese-built.
The short answer
| Controlled by | nothing recorded above it — the top of the chain |
|---|---|
| Kind | company |
| Recorded holdings | 1 |
| Origin | AT |
| Is it Chinese? | Partly |
What KTM AG holds
Every current holding recorded from KTM AG downward: outright ownership, minority stakes, joint ventures and licences, each with the stake as the source states it and the date it began. A joint venture's percentage is a share of that venture, not of the partner.
| Holding | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| CFMoto | runs a joint venture with | 49% of the joint venture | October 2017 | KTM holds 49% of CFMOTO-KTMR2R Motorcycles Co., Ltd. in Hangzhou, the venture that builds and sells KTM motorcycles in China. The stake is in the joint venture, not in CFMoto itself. |
Related
Sources for KTM AG
- Bajaj Mobility AG (formerly PIERER Mobility AG), KTM concludes joint venture in China. Read . Release dated 10 October 2017; KTM 49% of CFMOTO-KTMR2R, Hangzhou.
- MotoMatters.com, KTM's EUR2.4 Billion Debts 'Largest Bankruptcy In Upper Austria', 23 Investors Found. Read .
- Bajaj Mobility AG (formerly PIERER Mobility AG), PIERER Mobility and CFMOTO strengthen its cooperation. Read .
- Wikipedia, KTM. Read .