Sequoia China backs motorcycle champion Zhang Xue's high-performance bike maker
What's the deal? Zhangxue Locomotive IndustryDealroom has a profile for this one. Try Dealroom →, the Chinese high-performance motorcycle maker founded by racing champion Zhang Xue, has secured an exclusive investment from Hongshan FundDealroom has a profile for this one. Try Dealroom →. The two sides will collaborate on corporate governance, talent building, industry resources and global expansion.
Why now? The deal follows Zhangxue Locomotive Industry's victory at the World Superbike Championship (WSBK) round in Portugal in March 2026, where it beat rivals including DucatiDealroom has a profile for this one. Try Dealroom → and YamahaDealroom has a profile for this one. Try Dealroom → by nearly four seconds, followed by a second victory the next day.
By the numbers. Zhangxue posted revenue of 670 million yuan in 2025 and expects 2026 revenue of 2.5 billion to 3 billion yuan, with monthly deliveries above 10,000 units. In January 2026, it closed a Series A led by Zhejiang Venture Capital GroupDealroom has a profile for this one. Try Dealroom →, which invested 90 million yuan at a post-money valuation of 1.09 billion yuan.
What's next? The company is focused on engines, complete vehicles, product development and race validation. In July 2026, it signed for a new research and production base planned for 500,000 units a year, expected to increase capacity three to five times. Founder Zhang Xue has said a potential listing should happen naturally.
The signal. Hongshan Fund's investment in a founder who began as a motorcycle repair apprentice underscores investor interest in Chinese hardware that aims to challenge established motorcycle brands globally.
Read more: 36Kr
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