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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
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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
ORLANDO, FL / ACCESSWIRE / July 26, 2024 / RedChip Companies will air interviews with Nexalin Technology, Inc. (NASDAQ:NXL) and LOBO EV Technologies Ltd. (NASDAQ:LOBO) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, July 27, 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:Nexalin: https://www.redchip.com/assets/access/nxl_accessLOBO EV: https://www.redchip.com/assets/access/lobo_accessMark White, CEO of Nexalin, appears on the RedChip Small Stocks Big Money™ show on Bloomberg TV to provide a corporate update. Nexalin stands at the forefront of th
ORLANDO, FL / ACCESSWIRE / July 26, 2024 / RedChip Companies will air interviews with LOBO EV Technologies Ltd. (NASDAQ:LOBO) and Biotricity, Inc. (NASDAQ:BTCY) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, July 27, 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 Schulman, an independent director of LOBO EV, appears on the RedChip Small Stocks Big Money™ show on Bloomberg TV to provide a corporate u
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