WUXI, China, May 29, 2025 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO) ("LOBO" or the "Company"), an advanced manufacturer of electric bikes, tricycles, and off-highway four-wheeler electric carts, proudly announced the launch of its second-generation multi-functional robotic platform. Based on a highly modular design, the new platform builds on LOBO's first-generation robotic mower and has been engineered as a versatile base unit capable of transforming into multiple specialized service robots through module customization. A Universal Platform for Homes and Beyond Designed as a smart, scalable robotic base, the second-generation platform supports a wide range of functions
WUXI, China, May 20, 2025 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO) ("LOBO" or the "Company"), an advanced manufacturer of electric bikes, tricycles, and off-highway four-wheeler electric carts, today announced a significant expansion of its partnership with Serbian distributor, underscoring deepening collaboration and growing market potential in Eastern Europe. Following the initial announcement of their joint efforts to launch the e-bicycle and establish an assembly line in Serbia, the Serbia distributor has now committed to sourcing approximately $5 million USD annually in CKD mode directly from LOBO. These CKD components will be used to locally assemble e-bicycles un
WUXI, China, May 16, 2025 (GLOBE NEWSWIRE) -- LOBO EV TECHNOLOGIES LTD. (NASDAQ:LOBO) ("LOBO" or the "Company") today announced that it received a notification letter dated May 13, 2025 from the Nasdaq Stock Market LLC ("Nasdaq"), indicating that the Company is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. According to the letter, the closing bid price of the Company's ordinary shares was below $1.00 per share for 33 consecutive business days, from March 26, 2025 to May 12, 2025. The notice has no immediate effect on the Company's listing or the trading of its ordinary shares on Nas
WUXI, China, May 15, 2025 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO) ("LOBO" or the "Company"), an advanced manufacturer of electric bikes, tricycles, and off-highway four-wheeler electric carts, today reaffirmed its long-term commitment to the U.S. market through a strategic partnership with U.S.-based distributor in Atlanta. Both parties have now officially launched their joint effort on markets such as tourism, recreation and golf courses. "We have been steadily building our understanding of the U.S. market alongside our trusted partner," said Mr. Huajian Xu, CEO of LOBO. "This is not a sudden move but a carefully developed plan that reflects our commitment to stabilit
WUXI, China, May 06, 2025 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO) ("LOBO" or the "Company"), a leading provider of electric two-wheelers, electric tricycles, and off-highway electric carts, today released its financial guidance for the fiscal year ending December 31, 2025, along with strategic plans to accelerate international expansion. LOBO anticipates full-year 2025 revenue between $28 million and $30 million USD, representing a projected 41.5% increase over estimated 2024 results of $21.2 million. This growth is supported by strong sales of electric bikes and tricycles across its key markets. The Company also expects to deliver a record net income of approximately
WUXI, China, April 29, 2025 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO) ("LOBO" or the "Company"), a leading provider of electric two-wheelers, electric tricycles, and off-highway electric carts, today announced its audited financial results for the fiscal year ended December 31, 2024, and provided an update on key strategic initiatives. Financial Highlights for Fiscal Year 2024: Revenue: $21.2 million, an increase of 36.9% compared to $15.5 million in fiscal year 2023.Gross Profit: $2.5 million, an increase of 11.2% from $2.2 million in fiscal year 2023.Net Loss: $(845,841), compared to a net income of $986,471 in fiscal year 2023.Cash and Cash Equivalents:$1.4 million a
WUXI, China, April 24, 2025 (GLOBE NEWSWIRE) -- LOBO, a fast-growing electric mobility manufacturer, is pleased to announce its intent to initiate a strategic cooperation in Indonesia with Green Gold Asia to launch a new line of innovative electric bike and tricycle. This move is a key milestone in LOBO's mission to expand globally and deliver accessible, green mobility to communities around the world. Indonesia is one of the most promising markets for electric mobility, driven by rapid urbanization, a growing middle class, and strong national commitments to sustainable development. With a population of over 270 million and increasing demand for environmentally friendly transportation, In
TIANJIN, China, March 27, 2025 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd., a growing innovator in smart electric mobility, today announced that it has entered into a significant international supply agreement with one international commercial company based in Ukraine. The agreement, signed on March 1, 2025, marks a major milestone in LOBO's international expansion strategy in Eastern Europe. Under the terms of the contract, LOBO EV Technologies will deliver a total of 5,500 electric vehicles to Ukraine, including 4,000 standard electric bicycles and 1,500 three-wheeled EVs (Model: XIAODOU). The total contract value is approximately $1,575,000 USD. "This Ukraine company is our frequent
WUXI, China, March 19, 2025 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ:LOBO) ("LOBO" or the "Company"), an innovative designer and manufacturer of e-mobility and AI-powered solutions, and Roundtree Lab, LLC ("Roundtree"), a leader in AI-driven healthcare innovations, today announced the next phase of their strategic partnership: Roundtree's initiation of HIPAA compliance certification for the smart medical beds produced under their exclusive manufacturing agreement. This significant step reinforces the companies' shared commitment to data security, regulatory compliance, and enhanced patient care as they prepare to introduce smart medical beds to healthcare facilities acros
Agreement Targets $11 Million in Sales in Year 1,Growing to $88 Million by Year 3 WUXI, China, March 03, 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, today announced the signing of a definitive agreement with Roundtree Lab, LLC ("Roundtree"), a Wyoming-based leader in AI-driven healthcare solutions. Pursuant to the agreement, LOBO will manufacture medical beds, and Roundtree will continue to upgrade these medical beds by integrating an AI system, turning them into AI-drive medical beds. This partnership s
6-K - LOBO EV TECHNOLOGIES LTD (0001932072) (Filer)
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6-K - LOBO EV TECHNOLOGIES LTD (0001932072) (Filer)
6-K - LOBO EV TECHNOLOGIES LTD (0001932072) (Filer)