As the Year of Dragon concludes and the Year of Snake dawns, we gather with great enthusiasm and joy at this juncture between years. We proudly present Lvkon’s 2025 New Year’s Gala & 2024 Annual Outstanding Employee Awards Ceremony themed “Embracing the Future with Passion”. Together, we honor our exceptional representatives, appreciate artistic talents, share cherished moments, and embark on a new chapter as we step into the new year!
Over the past year, we have united in our efforts and achieved remarkable results. Our total product sales exceeded 48,000 units, a 78% year-on-year growth. In particular, the new energy medium and heavy-duty truck powertrains saw cumulative sales of over 34,000 units, marking a doubling of growth compared to the previous year.
Over the past year, we have pooled our strength and worked hard to make progress. The market position of Lvkon’s core products has further solidified and improved. While maintaining steady growth in market share with existing customers, we have quickly expanded into new key customers, bringing fresh growth prospects for the coming year. At the same time, Lvkon’s products have diversified further. In addition to pure electric and hybrid products for buses and trucks, we have started mass production of mining truck drivetrains and manual transmission products, which are now in operation in over a dozen countries. Furthermore, Lvkon has made remarkable breakthroughs in electric drive axles, with over 6,000 electric drive axles for heavy-duty trucks and over 2,000 electric drive axles for light-duty trucks sold in 2024, becoming a new key growth driver for the company.
Dr. Li Lei, Chairman and General Manager of Lvkon
As new energy commercial vehicle sector accelerates into the fast lane of development, we are poised to embrace another important strategic opportunity. In the new year, Lvkon will seize this opportunity, driven by innovation, grounded in quality, and united through collaboration. Together, all of us at Lvkon will deepen improvements and continue strengthening our industry-leading advantages while enhancing customer experience. With passion, we embrace the future – an extraordinary journey ahead!
During the “Outstanding Employee Recognition” segment, various awards were announced, including the Annual Leap Progress Award, Best Striver Award, Newcomer Growth Award, New Product Leader Award, Best Craftsman Award, Best Innovation Award, Best Team Award, and Annual Sales Champion. The awardees humbly took the stage to accept their honors, and the heartfelt speeches of the outstanding representatives were met with resounding applause, a well-deserved recognition of their hard work and dedication, as well as a powerful example for all employees to strive toward. Their spirit of commitment will inspire us to approach the new year with even greater enthusiasm and determination, pursuing excellence and achieving even greater success!
As night fell and the lights glowed, the New Year’s Gala unfolded in an atmosphere of joy and harmony. On stage, the interplay of lights and sounds showcased a series of exciting performances, with dazzling prizes on display. The energy in the venue was electric, with the laughter and cheers of attendees reverberating throughout the hall.
Let us raise our glasses in gratitude to all who have accompanied us on this journey. As we set sail for 2025, let us navigate forward with renewed vigor, embracing the dawn of a new day. United in heart and mind, we will continue to innovate and push forward with full force, jointly creating a new future for Lvkon!
