Lobo EV Technologies Signs $6 Million Electric Vehicle Sales Deal With US-Based Distributor

MT Newswires Live

2025/05/15

Lobo EV Technologies (LOBO) said Thursday that it has partnered with an undisclosed US-based distributor in Atlanta, Georgia, to purchase and distribute 5,000 customized Lobo small-size four-wheeler electric vehicles, representing an estimated revenue of $6 million.

Lobo said the move is part of its phased rollout strategy in the US.

The company said it also plans to launch an electric and gasoline dual-power vehicle.

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