LOBO EV Technologies Ltd. Announces Major Supply Agreement for Ukraine Market Valued at Over $1.57 Million
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 ha ottenuto un importante contratto di fornitura internazionale del valore di 1,57 milioni di dollari con un'azienda commerciale ucraina. Il contratto, firmato il 1 marzo 2025, prevede la consegna di 5.500 veicoli elettrici in Ucraina, comprendenti 4.000 biciclette elettriche standard e 1.500 veicoli elettrici a tre ruote (Modello: XIAODOU).
Il CEO Huajian Xu ha sottolineato che questo accordo si basa su una relazione commerciale di due anni con il cliente ucraino e dimostra la crescente domanda globale di soluzioni di trasporto sostenibile. L'affare si allinea con la strategia di espansione internazionale di LOBO, in particolare nei mercati dell'Europa orientale, dell'Europa e dell'Asia centrale.
LOBO è specializzata nella progettazione, sviluppo e produzione di vari veicoli elettrici, tra cui e-biciclette, e-mopedi, e-tricicli e veicoli elettrici a quattro ruote per utilizzo fuoristrada. L'azienda offre anche servizi software automobilistici focalizzati sulla connettività, sistemi multimediali interattivi e intelligenza artificiale.
LOBO EV Technologies ha conseguido un importante acuerdo internacional de suministro por un valor de 1,57 millones de dólares con una empresa comercial ucraniana. El contrato, firmado el 1 de marzo de 2025, implica la entrega de 5.500 vehículos eléctricos a Ucrania, que incluyen 4.000 bicicletas eléctricas estándar y 1.500 vehículos eléctricos de tres ruedas (Modelo: XIAODOU).
El CEO Huajian Xu destacó que este acuerdo se basa en una relación comercial de dos años con el cliente ucraniano y demuestra la creciente demanda global de soluciones de transporte sostenible. El acuerdo se alinea con la estrategia de expansión internacional de LOBO, especialmente en los mercados de Europa del Este, Europa y Asia Central.
LOBO se especializa en el diseño, desarrollo y fabricación de varios vehículos eléctricos, incluyendo e-bicicletas, e-mopedas, e-triciclos y vehículos eléctricos de cuatro ruedas para uso fuera de carretera. La empresa también ofrece servicios de software automotriz centrados en conectividad, sistemas multimedia interactivos e inteligencia artificial.
LOBO EV Technologies는 우크라이나 상업 회사와 157만 달러 규모의 주요 국제 공급 계약을 체결했습니다. 2025년 3월 1일에 서명된 이 계약은 5,500대의 전기차를 우크라이나에 공급하는 것으로, 4,000대의 일반 전기 자전거와 1,500대의 삼륜 전기차(모델: XIAODOU)를 포함합니다.
CEO 화지안 쉬는 이 계약이 우크라이나 고객과의 2년간의 비즈니스 관계를 기반으로 하며, 지속 가능한 교통 솔루션에 대한 글로벌 수요 증가를 보여준다고 강조했습니다. 이 거래는 LOBO의 국제 확장 전략, 특히 동유럽, 유럽 및 중앙 아시아 시장과 일치합니다.
LOBO는 전기 자전거, 전기 스쿠터, 전기 삼륜차 및 오프로드용 전기 4륜차를 포함한 다양한 전기 차량의 설계, 개발 및 제조를 전문으로 합니다. 또한, 연결성, 멀티미디어 인터랙티브 시스템 및 인공지능에 중점을 둔 자동차 소프트웨어 서비스도 제공합니다.
LOBO EV Technologies a obtenu un important contrat de fourniture international d'une valeur de 1,57 million de dollars avec une entreprise commerciale ukrainienne. Le contrat, signé le 1er mars 2025, implique la livraison de 5 500 véhicules électriques en Ukraine, comprenant 4 000 vélos électriques standards et 1 500 véhicules électriques à trois roues (Modèle : XIAODOU).
Le PDG Huajian Xu a souligné que cet accord repose sur une relation commerciale de deux ans avec le client ukrainien et démontre la demande mondiale croissante pour des solutions de transport durables. L'accord s'inscrit dans la stratégie d'expansion internationale de LOBO, en particulier sur les marchés d'Europe de l'Est, d'Europe et d'Asie centrale.
LOBO se spécialise dans la conception, le développement et la fabrication de divers véhicules électriques, y compris des e-vélos, des e-scooters, des e-tricycles et des véhicules électriques à quatre roues pour un usage hors route. L'entreprise propose également des services logiciels automobiles axés sur la connectivité, les systèmes multimédias interactifs et l'intelligence artificielle.
LOBO EV Technologies hat einen bedeutenden internationalen Liefervertrag im Wert von 1,57 Millionen Dollar mit einem ukrainischen Handelsunternehmen gesichert. Der Vertrag, der am 1. März 2025 unterzeichnet wurde, umfasst die Lieferung von 5.500 Elektrofahrzeugen nach Ukraine, darunter 4.000 Standard-E-Bikes und 1.500 dreirädrige Elektrofahrzeuge (Modell: XIAODOU).
CEO Huajian Xu hob hervor, dass dieses Abkommen auf einer zweijährigen Geschäftsbeziehung mit dem ukrainischen Kunden basiert und die wachsende globale Nachfrage nach nachhaltigen Verkehrslösungen demonstriert. Der Deal steht im Einklang mit der internationalen Expansionsstrategie von LOBO, insbesondere in den Märkten Osteuropa, Europa und Zentralasien.
LOBO ist auf das Design, die Entwicklung und die Herstellung verschiedener Elektrofahrzeuge spezialisiert, darunter E-Bikes, E-Mopeds, E-Trikes und elektrische Geländewagen. Das Unternehmen bietet auch Automobilsoftware-Dienstleistungen an, die sich auf Konnektivität, multimediale interaktive Systeme und künstliche Intelligenz konzentrieren.
- Secured $1.57 million supply contract for 5,500 electric vehicles
- Demonstrates strong existing client relationship with two years of business history
- Strategic expansion into Eastern European market
- Diversified product portfolio across multiple EV categories
- None.
Insights
This $1.57 million supply agreement represents a material revenue event for LOBO EV Technologies, constituting approximately 14.5% of the company's current $10.8 million market capitalization. The deal structure - delivering 4,000 e-bicycles and 1,500 three-wheeled EVs to Ukraine - provides tangible evidence of LOBO's ability to secure international contracts for its diverse product portfolio.
The contract's significance extends beyond immediate revenue. The relationship continuity (a two-year history with this customer) demonstrates product satisfaction and market validation, particularly valuable for a microcap company establishing its market position. At an average price point of approximately $286 per vehicle, the economics appear reasonably aligned with entry-level electric mobility solutions.
For investors, this agreement enhances revenue visibility in what appears to be a challenging fiscal environment for small EV manufacturers. While a single contract doesn't fundamentally transform LOBO's financial position, it represents meaningful progress for a company trading at just $1.01 per share. The execution of this agreement, including production capacity, delivery timeline, and ultimate margin contribution, will be critical factors determining its full financial impact.
LOBO's expansion into Ukraine represents a strategically significant move despite the challenging geopolitical landscape. This deal validates the company's internationalization strategy beyond its Chinese home market, establishing a foothold in Eastern Europe that could potentially serve as a gateway for broader European distribution.
The existing two-year relationship with this Ukrainian commercial partner suggests LOBO has already navigated some of the complex logistics, regulatory compliance, and currency considerations inherent in cross-border commerce in this region. This experience curve advantage shouldn't be underestimated.
Ukraine's transportation sector has been actively transitioning toward electrification, driven by both environmental concerns and fuel security considerations. LOBO's product mix for this order - predominantly e-bicycles with a smaller component of three-wheeled EVs - aligns well with urban mobility needs in Ukrainian cities where infrastructure limitations and economic factors favor lightweight electric solutions over larger EVs.
While this deal confirms market demand, LOBO will face ongoing challenges including potential supply chain disruptions, currency volatility, and geopolitical uncertainties that could impact fulfillment. Nevertheless, the agreement demonstrates LOBO has successfully differentiated its offerings in a competitive market where many Chinese EV manufacturers are seeking international expansion opportunities.
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
“This Ukraine company is our frequent clients and have a good relationships for two years. The signing of the contract reflects the strong business relationship between our two companies and also represents an endorsement of our high quality products and services. This agreement is a testament to the growing global demand for sustainable demands, too," said Huajian Xu, CEO of LOBO EV Technologies Ltd. "We are proud to bring our efficient, eco-friendly electric vehicles to Ukraine and support the country’s transformation toward cleaner transportation alternatives. This deal underscores our ambitions to become a global supplier of electric micro-mobility solutions, and it marks just the beginning of our broader strategy to expand across international markets, including Europe and Central Asia, where demand for intelligent, zero-emission transport continues to rise."
About LOBO EV Technologies Ltd.
LOBO is an innovative designer, developer, manufacturer and seller of e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons. LOBO also provides automobile information and entertainment software development and design services to customers. Leveraging its cutting-edge technologies in connectivity, multimedia interactive systems and artificial intelligence, LOBO re-defines and develops its products in order to provide users with convenient, affordable and pleasant driving experiences.
For more information, visit: https://www.loboebike.com and https://loboev.io. Any information displayed on, or that can be accessed through, our website or any other website or any social media is not a part of this press release.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) as well as Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “will,” “should,” “would,” “could,” “seek,” “intend,” “plan,” “goal,” “project,” “estimate,” “anticipate,” “strategy,” “future,” “likely” or other comparable terms, although not all forward-looking statements contain these identifying words.
All statements other than statements of historical facts included in this press release regarding the expected closing date of the public offering and the Company’s strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements.
Such forward-looking statements are subject to risk and uncertainties, including, but not limited to, those described in “Risk Factors,” “Operating and Financial Review and Prospects,” “Cautionary Note Regarding Forward-Looking Statements” in the Annual Report on Form 20-F filed with the SEC (File No. 333-270499) on April 30, 2024. LOBO undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events except as required by law. You should read this press release with the understanding that our actual future results may be materially different from what we expect.
Contact:
Michael Wei
Horizon IR
Email: Hwey@horizonconsultancy.co
FAQ
What is the value and scope of LOBO's new Ukrainian supply contract?
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