Early in January 2021, Weichai Holding Group Co Ltd, a significant Chinese powertrain manufacturer, bought a majority interest in Lovol. Weichai Group acquired a 60 percent share in Lovol Heavy Industry Co Ltd, while Tianjin Lovol retained a 38.62 percent stake, in accordance with a strategic restructuring agreement. Their dependability and excellent craftsmanship have helped them create a strong presence in Africa. They are incredibly strong and made to be protected against engine damage, making them perfect for individuals on a tight operating budget. You can still power your home or place of business with immaculate build quality and top-of-the-line components despite their cheaper cost.