24/7 Market News Snapshot 15 May, 2025 – LOBO EV TECHNOLOGIES LTD. Ordinary shares (NASDAQ:LOBO)

May 15, 2025

DENVER, Colo., 15 May, 2025 (www.247marketnews.com) – (NASDAQ:LOBO) are discussed in this article.
LOBO EV Technologies Ltd. is making headlines with a remarkable pre-market surge, currently trading at $1.544, signifying an astounding 78.09% increase from the previous close of $0.867. This surge, driven by a trading volume of 12.97 million shares, reflects heightened investor confidence and significant interest in the company’s innovative electric vehicle (EV) solutions. Such bullish momentum indicates robust market enthusiasm, suggesting that LOBO is well-positioned for ongoing growth and presents potential investment opportunities in the dynamic EV sector.

In addition to its impressive market performance, LOBO EV Technologies is announcing a strategic partnership with a prominent U.S.-based distributor. This collaboration marks a crucial step in LOBO’s expansion strategy within the U.S. market, emphasizing its intent to enhance mobility solutions across various sectors, including tourism, recreation, and golf courses. CEO Huajian Xu highlighted that this partnership is a product of a carefully crafted plan, underlining the commitment to stability, mutual trust, and long-term growth.

The agreement will initiate the procurement of 5,000 customized electric vehicles, which is expected to generate an estimated revenue of around $6 million. This endeavor aligns with LOBO’s phased rollout strategy, emphasizing high-quality sightseeing shuttles and compact golf carts tailored to local consumer needs.

Furthermore, the company is set to introduce an innovative dual-power vehicle that operates on both electric and gasoline, addressing long-range transport requirements. This development showcases LOBO’s commitment to continuous improvement and innovation in electric mobility.

With a projected full-year revenue of $28 million to $30 million for 2025 and an anticipated net income of approximately $3 million, LOBO EV Technologies is poised for significant growth, aiming for a year-over-year increase of up to 41.5%. As LOBO strengthens its global footprint, it remains focused on pioneering intelligent EV solutions tailored to local markets and is aspiring towards “Made in USA” production initiatives.

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