DISCONTINUED
LOVOL GENERATORS
Weichai Holding Group Co Ltd, a leading Chinese powertrain manufacturer, has acquired a controlling stake in Lovol in early January 2021. According to a strategic restructuring agreement, Weichai Group took a 60 percent stake in Lovol Heavy Industry Co Ltd while Tianjin Lovol holds 38.62 percent.
The acquisition means the discontinuation of the Lovol Generator Engine business, which we have replaced with a maket-leading engine brand in SDEC.