LOBO EV rolls out versatile robotic platform

WUXI, China - LOBO EV Technologies Ltd. (NASDAQ: LOBO), a leading electric mobility and smart robotics manufacturer trading at $0.85 per share, has unveiled its second-generation multi-functional robotic platform. According to InvestingPro analysis, the company’s stock has shown significant volatility, currently trading 76% below its 52-week high of $3.52. The new product, an evolution of LOBO’s first robotic mower, is designed to perform a variety of tasks, from home maintenance to emergency services.

The platform’s modular design allows it to be customized for different uses, including as an autonomous lawn mower, a smart pool cleaner, and a home security patrol unit equipped with AI vision, cameras, and motion sensors. For commercial and institutional settings, the robot can serve as a security patrol, autonomously navigating and monitoring perimeters. The company’s innovation comes amid strong revenue growth, with InvestingPro data showing a 37% increase in revenue over the last twelve months to $21.2 million.

LOBO’s innovation extends to emergency response applications, with the platform capable of functioning as a firefighting robot in hazardous environments and as a battlefield rescue unit for search-and-rescue operations in extreme conditions.

The CEO of LOBO emphasized the platform’s adaptability and potential to enhance safety, efficiency, and intelligence across various aspects of daily life. The company’s commitment to advancing low-speed electric transportation and AI-enabled robotics aims to reduce carbon footprints and improve quality of life on a global scale.

The announcement comes with the disclaimer that the forward-looking statements in the press release are subject to risks and uncertainties, and actual results may differ due to various factors.

This reveal aligns with LOBO’s ongoing efforts to innovate within the electric mobility and smart robotics sectors. The company’s product lineup includes electric bicycles, motorcycles, tricycles, and off-road electric vehicles, such as golf carts and scooters for the elderly, as well as solar-powered vehicles and robotic lawn mowers.

Investors and media interested in LOBO EV’s latest development can note that the information is based on a press release statement from the company. While analysts project profitability this year, InvestingPro reveals 16 additional key insights about LOBO’s financial health and market position. Subscribers can access detailed analysis, including Fair Value estimates and growth projections, to make more informed investment decisions.

In other recent news, LOBO EV Technologies Ltd. has announced a strategic partnership with a U.S.-based distributor in Atlanta, marking a significant expansion into the U.S. market. This agreement involves the purchase and distribution of 5,000 custom LOBO four-wheeled electric vehicles, expected to generate approximately $6 million in revenue. Additionally, LOBO has projected a 41.5% revenue growth for 2025, with anticipated revenues ranging from $28 million to $30 million, driven by strong sales of electric bikes and tricycles. The company also expects a net income of around $3 million for the same year.

In other developments, LOBO has secured a $1.6 million supply agreement with a Ukrainian firm for the delivery of 5,500 electric vehicles, including 4,000 bicycles and 1,500 three-wheeled vehicles. Despite these advancements, LOBO faces a challenge as it has been notified by Nasdaq for not meeting the minimum bid price requirement, with a deadline to regain compliance by November 10, 2025. The company is considering options such as a reverse stock split to address this issue. These recent developments highlight LOBO’s efforts to expand its international reach and improve financial performance while navigating regulatory challenges.

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