Company Overview - LOBO is a fast-growing electric mobility manufacturer based in Tianjin, China, focused on high-performance, sustainable vehicles and smart infrastructure solutions [6] - Green Gold Asia (GGA) is a leader in sustainable mobility solutions, headquartered in West Jakarta, Indonesia, dedicated to transforming transportation in Southeast Asia [7] Strategic Partnership - LOBO intends to initiate a strategic cooperation with Green Gold Asia to launch a new line of innovative electric bikes and tricycles in Indonesia [1] - The partnership aims to combine LOBO's product innovation with GGA's local market insights to accelerate the adoption of electric mobility [4] Market Potential - Indonesia's electric vehicle market is projected to exceed $5 billion USD by 2030, driven by urbanization and a growing middle class [2] - The demand for two- and three-wheel electric vehicles is expected to lead the market adoption in Indonesia [2] Financial Expectations - The strategic agreement between LOBO and GGA is expected to exceed $5 million USD in value in its first year, with a phased rollout across key metropolitan regions [3] Environmental Impact - The initiative aims to reduce carbon emissions, ease urban congestion, and provide practical transportation options for individuals and families in Indonesia [4] Future Expansion Plans - This partnership is part of LOBO's broader international strategy, with plans for further expansions across Southeast Asia, Latin America, and Africa in the coming year [5]

Core Insights - LOBO EV Technologies Ltd. has signed a significant international supply agreement with a Ukrainian commercial company, marking a key step in its expansion strategy in Eastern Europe [1][3] - The contract involves the delivery of 5,500 electric vehicles, including 4,000 standard electric bicycles and 1,500 three-wheeled EVs, with a total contract value of approximately $1,575,000 USD [2] Company Overview - LOBO EV Technologies is an innovative designer and manufacturer of various electric mobility solutions, including e-bicycles, e-mopeds, e-tricycles, and electric shuttles for diverse user needs [4] - The company leverages advanced technologies in connectivity and artificial intelligence to enhance user experience and provide eco-friendly transportation options [4]

Core Viewpoint - LOBO EV Technologies Ltd. and Roundtree Lab are advancing their strategic partnership by initiating HIPAA compliance certification for smart medical beds, emphasizing data security and regulatory adherence in the healthcare sector [1][2]. Group 1: HIPAA Compliance - Roundtree is implementing a comprehensive compliance framework to ensure that the smart medical beds align with HIPAA privacy and security regulations, safeguarding electronic patient health information (ePHI) [3]. - Achieving HIPAA compliance will facilitate faster adoption of smart medical beds in U.S. hospitals and support partnerships with insurance providers and healthcare networks that require strict regulatory adherence [4]. Group 2: Market Expansion - This milestone enhances LOBO's strategic diversification into the U.S. medical device market, leveraging its manufacturing expertise to deliver secure and compliant patient transport solutions [5]. - The companies are preparing for commercial deployment and large-scale adoption of the smart medical beds following HIPAA compliance approval [8]. Group 3: Management Insights - LOBO's CEO highlighted the importance of compliance with U.S. healthcare regulations as a critical step in bringing smart medical solutions to market, enhancing hospitals' confidence in adopting this technology [6]. - Roundtree's CEO emphasized that achieving HIPAA compliance is fundamental for integrating smart healthcare solutions into the medical system, focusing on patient data security and regulatory adherence [6]. Group 4: Future Plans - The companies plan to expand distribution channels across U.S. hospitals and healthcare providers, establish strategic partnerships with medical institutions and insurance companies, and enhance AI capabilities to optimize patient care and operational efficiency [11].

Core Viewpoint - LOBO EV Technologies Ltd. has entered a strategic partnership with Roundtree Lab to manufacture AI-driven medical beds, marking its entry into the healthcare equipment market with projected sales growth from $11 million in the first year to $88 million by the third year [2][4][5]. Group 1: Agreement Details - The definitive agreement solidifies the collaboration between LOBO and Roundtree, focusing on leveraging LOBO's manufacturing capabilities to produce advanced medical beds integrated with AI technology [3][4]. - LOBO will serve as the exclusive Original Equipment Manufacturer (OEM) for Roundtree's medical transfer beds, utilizing Roundtree's proprietary patents and licenses [8]. Group 2: Market Potential - The partnership targets the expanding U.S. medical device market, particularly in smart medical devices for elderly care and intelligent patient transport, with a significant opportunity in AI-driven emergency transfer beds [5]. - Roundtree aims to capture at least 50% of the U.S. emergency medical equipment market over the next three years, highlighting the transformative potential of the technology [5]. Group 3: Management Commentary - The CEO of LOBO expressed excitement about the partnership, emphasizing the alignment with the company's commitment to innovation and diversification in enhancing patient care [6]. - The CEO of Roundtree highlighted the collaboration as a significant milestone in revolutionizing healthcare through AI-driven solutions, citing LOBO's manufacturing excellence as a key factor [6].

Core Viewpoint - LOBO EV Technologies Ltd. has entered into a letter of intent with Roundtree Lab to manufacture smart electric medical transport beds, marking its first entry into the healthcare equipment market and emphasizing its commitment to innovation and diversification [1][2]. Group 1: Collaboration Details - The collaboration will leverage LOBO's expertise in connectivity and multimedia interactive systems, applying these capabilities to Roundtree's advanced bed technology [2]. - LOBO will serve as the Original Equipment Manufacturer (OEM) for Roundtree's AI-driven medical transport beds, utilizing Roundtree's patents and licenses [3]. - The partnership is expected to enhance patient care, safety, and efficiency within healthcare facilities [2]. Group 2: Market and Revenue Potential - Roundtree's established relationships with U.S. hospitals are anticipated to accelerate market penetration for the advanced transport beds across the United States [4]. - The partnership is projected to generate over $10 million in revenue in 2025, contingent on LOBO's consistent delivery of high-quality products [5]. Group 3: Management Commentary - The CEO of LOBO expressed excitement about the collaboration, highlighting the commitment to delivering AI-powered medical transport beds to the U.S. healthcare market [6]. - The CEO of Roundtree Lab emphasized LOBO's manufacturing capabilities and technological innovation as key factors for the partnership's success [6].

WUXI, China, Jan. 06, 2025 (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, is pleased to invite investors to a webinar on January 8, 2025, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature LOBO Board Member Harry Schulman, who will share insight into the Company’s plans to accelerate growth and profitab ...

Partnership expected to contribute to strong sales growth and operational efficiencyWUXI, 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 mar ...

WUXI, China, Aug. 19, 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 fourwheeled shuttle designer, developer, manufacturer and seller, launched its new solar-powered golf cart, with the initial production run of 33 units already sold to U.S. customers. This marks the third successful export of LOBO's golf carts to the U.S., reinforcing the Company's growing market presence and its commitment ...

WUXI, China, Aug. 05, 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 fourwheeled shuttle designer, developer, manufacturer and seller, expanded its manufacturing capacity with the addition of a new factory in the Wuqing Development Zone. The newly rented facility, the third manufacturing workshop for Tianjin LOBO Intelligent Robot Co., Ltd., a wholly owned subsidiary of LOBO, spans a total of ...

WUXI, China, July 23, 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 fourwheeled shuttle designer, developer, manufacturer and seller, is pleased to invite investors to a webinar on July 24, 2024, at 4:15 p.m. ET. To register for the free webinar, please visit: https://redchip.zoom.us/webinar/register/WN_Rpxb66OwTiasxxMg5LUabQ#/registration About LOBO EV Technologies Ltd. Forward Looking State ...