LOBO EV Technologies Expands Robotic Lawn Mower Business in the U.S. and Australia with Strategic Manufacturing and Distribution Agreement
LOBO EV TECHNOLOGIES LTD. - Ordinary shares (LOBO)
Company Research
Source: GlobeNewswire
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 innovative products in the U.S. and Australia. LOBO will supply products and components to Capital Fortress in Complete Knock Down (CKD) form, enabling efficient local assembly and distribution. This strategic collaboration enhances LOBO’s ability to penetrate key markets effectively while prioritizin
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News
- LOBO EV Technologies Expands Robotic Lawn Mower Business in the U.S. and Australia with Strategic Manufacturing and Distribution Agreement [Yahoo! Finance]Yahoo! Finance
- LOBO EV Technologies Establishes U.S. Subsidiary, LOBOAI, to Expand Distribution of Innovative Electric Vehicles and Robotic Lawnmowers [Yahoo! Finance]Yahoo! Finance
- LOBO EV Technologies Establishes U.S. Subsidiary, LOBOAI, to Expand Distribution of Innovative Electric Vehicles and Robotic LawnmowersGlobeNewswire
- LOBO EV and Nexalin Technology Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TVAccesswire
- Join LOBO EV Technologies’ Live Investor Webinar and Q&A Session on October 28GlobeNewswire
LOBO
Sec Filings
- 12/19/24 - Form SCHEDULE
- 12/16/24 - Form 6-K
- 10/11/24 - Form SC
- LOBO's page on the SEC website