Boyuan Capital leads X-Motors' first round of investment to help Chinese auto brands go global

Boyuan Capital announced that it has completed the first round of investment in X-Motors, a full-chain service provider for Chinese auto brands' overseas business, with an investment amount of nearly 10 million US dollars. This round of financing will be used for X-Motors' business expansion in Indonesia and other Southeast Asian markets, including the construction of self-operated stores, the expansion of brand franchise stores, the establishment of after-sales service system, and the optimization of spare parts supply chain. X-Motors was established in September 2024 and is headquartered in Singapore. It is committed to promoting Chinese auto brands and industrial chains to the global market, especially Southeast Asia and other emerging markets.