Welcome to our dedicated page for LOBO EV Technologies news (Ticker: LOBO), a resource for investors and traders seeking the latest updates and insights on LOBO EV Technologies stock.
LOBO EV Technologies Ltd delivers innovative electric mobility solutions through its range of eco-friendly vehicles and advanced software systems. This news hub provides investors and industry observers with official updates on corporate developments, financial milestones, and technological advancements.
Access real-time announcements including earnings reports, product launch details, strategic partnerships. Our curated collection ensures you stay informed about operational expansions, regulatory filings, and market positioning within the competitive EV sector.
Key updates cover vehicle production innovations, software royalty agreements, and international distribution progress. Bookmark this page for direct access to primary source materials from LOBO's leadership team, maintaining your awareness of sustainable transportation developments.
LOBO has announced a strategic partnership with Green Gold Asia to enter Indonesia's electric vehicle market, projected to exceed $5 billion by 2030. The collaboration focuses on launching new electric bikes and tricycles, supported by GGA's charging station network.
The initial agreement is valued at $5 million USD for the first year, with planned rollout across major metropolitan areas. The partnership aims to capitalize on Indonesia's 270 million population market, where two- and three-wheel electric vehicles are expected to lead adoption.
This strategic cooperation combines LOBO's product innovation with Green Gold Asia's local market expertise to deliver affordable and sustainable mobility solutions. The comprehensive initiative includes electric vehicles, battery management systems, and charging infrastructure, targeting urban congestion reduction and cleaner transportation options.
LOBO EV Technologies has secured a major international supply agreement worth $1.57 million with a Ukrainian commercial company. The contract, signed on March 1, 2025, involves delivering 5,500 electric vehicles to Ukraine, comprising 4,000 standard electric bicycles and 1,500 three-wheeled EVs (Model: XIAODOU).
CEO Huajian Xu highlighted that this agreement builds on a two-year business relationship with the Ukrainian client and demonstrates the growing global demand for sustainable transportation solutions. The deal aligns with LOBO's international expansion strategy, particularly in Eastern Europe, Europe, and Central Asia markets.
LOBO specializes in designing, developing, and manufacturing various electric vehicles including e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled vehicles. The company also provides automotive software services focusing on connectivity, multimedia interactive systems, and artificial intelligence.
LOBO EV Technologies (NASDAQ: LOBO) and Roundtree Lab announced a significant advancement in their strategic partnership as Roundtree initiates HIPAA compliance certification for their jointly developed smart medical beds. This development marks a important step toward expanding their healthcare solutions in the U.S. market.
The HIPAA compliance initiative will ensure the security of electronic patient health information (ePHI) handled by the smart medical beds, facilitating faster adoption in U.S. healthcare facilities and supporting partnerships with insurance providers and healthcare networks. This move strengthens LOBO's diversification into the medical device market, combining their manufacturing expertise with Roundtree's AI-driven healthcare innovations.
Following compliance approval, the companies plan to focus on expanding distribution channels across U.S. healthcare providers, establishing strategic partnerships, and enhancing AI capabilities for optimized patient care and operational efficiency.
LOBO EV Technologies (Nasdaq: LOBO) has signed a definitive agreement with Roundtree Lab to manufacture AI-driven medical beds for the U.S. healthcare market. The partnership, following a January 2025 letter of intent, positions LOBO as the exclusive OEM for Roundtree's medical transfer beds.
The agreement projects sales of $11 million in the first year, growing to $27 million in year two, and reaching $50 million by year three, subject to actual order volume. Roundtree aims to capture 50% of the U.S. emergency medical equipment market within three years through this collaboration.
LOBO will leverage its manufacturing capabilities and expertise in connectivity systems, while Roundtree will integrate AI technology into the medical beds and utilize its established relationships with U.S. healthcare facilities for market penetration.
LOBO EV Technologies (Nasdaq: LOBO) has announced a strategic collaboration with Roundtree Lab to manufacture smart electric medical transport beds, marking LOBO's entry into the healthcare equipment market. The partnership combines LOBO's expertise in connectivity and multimedia systems with Roundtree's AI-driven bed technology.
Under the letter of intent, LOBO will serve as the Original Equipment Manufacturer (OEM) for Roundtree's AI-powered medical transport beds, utilizing Roundtree's patents and licenses. The collaboration aims to leverage Roundtree's U.S. hospital relationships for market expansion. The partnership is projected to generate over $10 million in revenue in 2025, subject to LOBO's delivery performance and manufacturing capabilities.
LOBO EV Technologies (Nasdaq: LOBO) announces an exclusive live investor webinar and Q&A session scheduled for January 8, 2025, at 4:15 p.m. ET. The event, hosted by RedChip Companies, will feature Board Member Harry Schulman discussing the company's growth and profitability strategies for 2025 and beyond.
The company aims to become an OEM and ODM leader in intelligent urban e-bike, e-trike, and off-highway four-wheeled electric vehicles market over the next decade. LOBO has made significant investments in developing intelligent products, including robotic lawn mowers, smart hospital beds, and mobility scooters for the elderly. Additionally, the company is developing robotic products based on a four-legged wheeled robot platform in preparation for the intelligent robots era.
LOBO EV Technologies (Nasdaq: LOBO) has signed a strategic manufacturing and distribution agreement with Capital Fortress Assets for robotic lawn mowers in the U.S. and Australian markets. Under the agreement, Capital Fortress will handle distribution and assembly of LOBO's products supplied in Complete Knock Down (CKD) form.
Key terms include exclusive distribution rights (excluding e-commerce), minimum sales commitment of $1 million or 1,500 units in the first 12 months, and comprehensive after-sales service. The partnership aims to optimize supply chain efficiency through local component manufacturing and enhance market penetration in these regions.
LOBO EV Technologies (Nasdaq: LOBO) has established a U.S. subsidiary, LOBOAI, to enhance its presence in the United States market. The subsidiary will focus on importing, manufacturing, assembling, and distributing robotic lawnmowers, electric golf carts, and AI-assisted mobility scooters for the elderly. The company has halted its Suriname projects to concentrate on U.S. operations. LOBOAI is projected to contribute over $5 million to company sales in 2025. The expansion aims to strengthen distribution channels and provide dedicated support to U.S. customers and partners.
RedChip Companies announces the airing of interviews with LOBO EV Technologies (Nasdaq:LOBO) and Nexalin Technology on Bloomberg TV's RedChip Small Stocks, Big Money™ show on November 2, 2024, at 7 p.m. ET. Harry D. Schulman, Independent Director of LOBO EV, will discuss the company's growth and profitability plans for 2024. LOBO aims to become a leader in intelligent urban e-bikes, e-trikes, and off-highway four-wheeled electric vehicles market. The interviews will be broadcast to an estimated 73 million homes across the U.S. through Bloomberg TV.
LOBO EV Technologies (NASDAQ: LOBO) announces an upcoming investor webinar scheduled for October 28, 2024, at 4:15 p.m. ET. The event, hosted by RedChip Companies, will feature Independent Director Harry D. Schulman discussing the company's growth and profitability strategies for 2024 and beyond. LOBO, a manufacturer of e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles, aims to establish itself as a leading OEM and ODM in the intelligent urban electric vehicle market. The webinar will include a live Q&A session, and investors can pre-submit questions or ask them during the event.
