LOVOL
Farming - , ,
LOVOL Details
Lovol (Lovol Heavy Industry Co., Ltd.) founded in 1998, is a world‘s leading mechanical equipment industry group. Based on the intelligent equipment industry, Lovol leads the industrial innovation and development in the fields of agricultural equipment, construction machinery, vehicles, engines, finance and network technology. As the witness and the leader of China's agricultural equipment industry, Lovol is the only independent brand in China that can provide an overall mechanization solution for modern agriculture. In 2020, the brand value of Lovol reached 74.358 billion RMB, ranking 74th among "China's 500 most valuable brands". Lovol has nearly 3,000 distributors in global marketing network, with businesses in more than 120 countries and regions. The market share of Lovol tractor in China is 30%, ranking first in export for 15 consecutive years. The sales volume of harvester has been the No. 1 in China for 19 consecutive years, and the market share of wheel harvester in China is nearly 70%. At present, Lovol has more than 2000 staff in R & D team, has established a global R&D system integrating "China + Europe + Japan", and obtained more than 2000 patents. Since 2010, Lovol has taken 3% - 5% of the sales revenue as the R&D fund every year, and is constantly committed to upgrading its products to the world's leading level. Facing the future, Lovol will adhere to the core values of "integrity and respect, innovative with passion, professional team", further accelerate the pace of globalization , build and improve the global operation and control system, always adhere to customer-centric, with high-quality products and services to return to global customers, and strive to become the leading brand of global intelligent agriculture industry.
