Lobo Technologies Integrates Shenzhen Xiangri Team to Launch Solar Division
Lobo Technologies Ltd. has integrated the entire team of Shenzhen Xiangri Technology Co., Ltd. into its operating subsidiary, Jiangsu LOBO Electric Vehicle Co. Ltd., establishing a new Solar Division. This collaboration brings Shenzhen Xiangri's research, development, sales, and business operation teams under Jiangsu LOBO, enhancing LOBO's capabilities in the photovoltaic (PV) energy storage power generation market. The integration aims to strengthen LOBO's technical and sales capacity for solar-electric vehicle products and support the company's solar-storage projects in Africa. Management projects that the Solar Division could generate approximately US$5 million in revenue in 2026, leveraging the combined expertise and market reach of both organizations.
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