WUXI, China, Jan. 06, 2025 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO) ("LOBO" or the "Company"), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer and seller, is pleased to invite investors to a webinar on January 8, 2025, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature LOBO Board Member Harry Schulman, who will share insight into the Company's plans to accelerate growth and profitability in 2025 and beyond. LOBO presents an attractive value proposition underpinned by its strategic growth initiatives and solid performance across key segments. With an established t

WUXI, China, Dec. 16, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO) ("LOBO" or the "Company"), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer and seller, signed a strategic manufacturing and distribution agreement with Capital Fortress Assets Ltd. ("Capital Fortress"), a lawn and garden equipment distributor. This agreement marks a pivotal expansion of LOBO's business in the U.S. and Australian markets, two regions with significant growth potential for robotic lawn mowers. Under the terms of the agreement, Capital Fortress will distribute and assemble LOBO's robotic lawn mowers and other inno

WUXI, China, Dec. 03, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO) ("LOBO" or the "Company"), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer and seller, is pleased to announce the formation of its U.S. subsidiary, LOBOAI INC ("LOBOAI"). This strategic move aims to enhance the Company's presence in the United States by focusing on the importation, manufacturing, assembling and wholesale distribution of its cutting-edge robotic lawnmowers, electric golf carts, and AI-assisted mobility scooters for the elderly. The establishment of LOBOAI underscores LOBO's commitment to delivering innovative

ORLANDO, FL / ACCESSWIRE / November 1, 2024 / RedChip Companies will air interviews with LOBO EV Technologies Ltd. (NASDAQ:LOBO) and Nexalin Technology, Inc. (NASDAQ:NXL) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, November 2, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.Access the interviews in their entirety at:LOBO EV: https://www.redchip.com/assets/access/lobo_accessNexalin: https://www.redchip.com/assets/access/nxl_accessIn an exclusive interview, Harry D. Schulman, Independent Director of LOBO EV Technologies, appears on the RedChip Small Stocks Big Money™ show on Bloomberg T

WUXI, China, Oct. 23, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO), ("Company" or the "Company"), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer, and seller, is pleased to invite investors to a webinar on October 28, 2024 at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Harry D. Schulman, Independent Director of LOBO EV Technologies, who will share insight into the Company's plans to accelerate growth and profitability in 2024 and beyond. LOBO presents an attractive value proposition underpinned by its strategic growth initiatives and solid performance across k

WUXI, China, Oct. 15, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO) ("LOBO" or the "Company"), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer and seller, today announced that the company completed a record number of shipments in September 2024, driven by the successful introduction of new products and an expanding overseas customer base. The volume of deliveries in September 2024 increased approximately 108% compared to September 2023, with about 2,800 units of e-bikes and 700 units of tricycles sold. The strong demand for LOBO's latest products, combined with expanding overseas customer ba

WUXI, China, Oct. 07, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO) ("LOBO" or the "Company"), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer and seller, today announced revenue guidance for the full year of 2024, projecting an 80% increase compared to the previous year, driven by recent capacity expansion, new product launches, and new market entries. "We are optimistic about our revenue prospects for 2024," said Huajian Xu, CEO of LOBO. "Our investments in expanding our capabilities and our focus on innovation put us in a strong position to meet evolving customer needs across the globe.

WUXI, China, Sept. 30, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO), ("LOBO" or the "Company"), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer and seller, today announced its financial results for the six months ended June 30, 2024. H1 2024 Financial Highlights: Total Revenue: $12.13 million, up 49% compared to $8.14 million in H1 2023.Gross Profit: $1.36 million, reflecting a gross margin of 11.2%.Net Loss: $(0.31) million compared to net income of $0.67 million in H1 2023.Units Sold: 56,000 units, up 45% from 38,600 units sold in H1 2023.Adjusted EBITDA: Loss of $(0.09) million, compared

WUXI, China, Aug. 19, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO) ("LOBO" or the "Company"), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer and seller, launched its new solar-powered golf cart, with the initial production run of 33 units already sold to U.S. customers. This marks the third successful export of LOBO's golf carts to the U.S., reinforcing the Company's growing market presence and its commitment to providing high-quality, eco-friendly products. "This launch underscores our dedication to innovation and our strategic focus on the burgeoning U.S. market, where demand for sustainab

WUXI, China, Aug. 05, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO) ("LOBO" or the "Company"), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer and seller, expanded its manufacturing capacity with the addition of a new factory in the Wuqing Development Zone. The newly rented facility, the third manufacturing workshop for Tianjin LOBO Intelligent Robot Co., Ltd., a wholly owned subsidiary of LOBO, spans a total of 107,639 square feet and includes 78,748 square feet dedicated to manufacturing activities. The strategic expansion aims to address increasing order volumes by enhancing overall product