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According to RideApart, KTM has faced significant challenges over the past 12 months, leading to its acquisition by Indian motorcycle manufacturer, Bajaj. Essentially, KTM has been given the green light to continue operating as a motorcycle brand going forward.
In an interview with Cycle World, KTM’s new CEO, Gottfried Neumeister, stated that the brand will aim to streamline its operations in the future. This streamlining will include discontinuing the X-Bow – KTM’s first and only supercar project.
“The criteria for the restructuring are focus and simplification. The first step is to exit the bicycle business, which will be completed by the end of this year. The decision to stop selling to CFMoto was a mutual one between us and the partner, as KTM needs to focus back on its core brand,” shared Gottfried Neumeister.
The new CEO of the Austrian motorcycle brand also revealed that the process of selling X-Bow is making significant progress.
“This project was fantastic, and we proved our capabilities with our excellent engineering team. However, X-Bow didn’t help us sell motorcycles,” said Gottfried Neumeister, disclosing that only 36 X-Bows were sold last year.
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Thus, along with the bicycle business, X-Bow may also be discontinued as part of KTM’s streamlining strategy. The RideApart specialty site has reached out to KTM but has not yet received a response regarding the information about X-Bow.
The KTM X-Bow, first introduced in 2007, began production at the Graz, Austria factory in 2008. It features a 2.0L or 2.5L TFSI engine and is priced between $100,000 and $300,000, depending on the version.
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