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LOBO Announces Strategic Cooperation in Indonesia's $5 Billion+ EV Market with Green Gold Asia to Accelerate Global Expansion
GlobeNewswire News Room· 2025-04-24 12:40
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, founded in 2024 and headquartered in West Jakarta, Indonesia, dedicated to transforming transportation in Southeast Asia [7] Strategic Partnership - LOBO has announced a strategic cooperation with Green Gold Asia to launch a new line of electric bikes and tricycles in Indonesia, marking a significant step in LOBO's global expansion efforts [1][5] - The partnership aims to combine LOBO's innovative product development with GGA's local market expertise to deliver tailored electric vehicles and a reliable charging network [3][4] Market Potential - Indonesia is identified as a promising market for electric mobility, with a population exceeding 270 million and a projected EV market value surpassing $5 billion 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 adoption of electric mobility in the region [2] Financial Expectations - The strategic agreement between LOBO and GGA is expected to generate over $5 million in value in its first year, with a phased rollout planned across key metropolitan areas [3] Environmental Impact - The initiative aims to reduce carbon emissions, alleviate urban congestion, and provide modern transportation options, contributing to sustainable development in Indonesia [4]
LOBO Announces Strategic Cooperation in Indonesia's $5 Billion+ EV Market with Green Gold Asia to Accelerate Global Expansion
Newsfilter· 2025-04-24 12:40
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]
Winnebago Industries, Leave No Trace Announce First-Ever RV & Boating Environmental Stewardship Guidelines
Newsfilter· 2025-04-22 16:05
Core Insights - Winnebago Industries has partnered with Leave No Trace to promote environmental stewardship in outdoor activities, specifically targeting RV and boating communities [1][2][4] - The partnership aims to adapt the 7 Principles of Leave No Trace into guidelines tailored for RVers and boaters, encouraging responsible recreation [3][4] Company Overview - Winnebago Industries is a leading manufacturer of outdoor lifestyle products, including motorhomes, travel trailers, and powerboats, with a commitment to sustainable innovation [6] - The company operates multiple facilities across Iowa, Indiana, Minnesota, and Florida, and is publicly traded on the New York Stock Exchange under the symbol WGO [6] Partnership Details - The collaboration with Leave No Trace focuses on educating outdoor enthusiasts on minimizing their environmental impact while enjoying recreational activities [2][4] - The guidelines include practical advice such as planning ahead, disposing of waste properly, and respecting wildlife [5] Leave No Trace Overview - Leave No Trace is a nonprofit organization dedicated to promoting sustainable outdoor practices through education and research [7] - The organization reaches millions of people annually in the U.S. to foster a sustainable future for the outdoors [7]
Winnebago Industries, Leave No Trace Announce First-Ever RV & Boating Environmental Stewardship Guidelines
Globenewswire· 2025-04-22 16:05
Core Insights - Winnebago Industries has partnered with Leave No Trace to promote environmental stewardship in outdoor activities, specifically targeting RV and boating communities [1][2] - The partnership aims to adapt the 7 Principles of Leave No Trace into guidelines tailored for RVers and boaters, enhancing responsible recreation practices [3][4] Company Overview - Winnebago Industries is a leading manufacturer of outdoor lifestyle products, including motorhomes, travel trailers, and powerboats, with a commitment to sustainable innovation [7] - The company operates multiple facilities across Iowa, Indiana, Minnesota, and Florida, and is publicly traded on the New York Stock Exchange under the symbol WGO [7] Partnership Details - The collaboration with Leave No Trace focuses on educating outdoor enthusiasts on minimizing their environmental impact while enjoying recreational activities [2][4] - The guidelines include practical advice such as planning ahead, disposing of waste properly, and respecting wildlife [5] Environmental Commitment - Leave No Trace is an international nonprofit organization dedicated to promoting sustainable outdoor practices through education and research [8] - The partnership reflects a shared commitment to preserving outdoor spaces and empowering communities to engage in responsible recreation [4][8]
Cashflow on Wheels, a Multistate FedEx and Amazon DSP Consolidator, Purchases 20 Mullen THREE Class 3s
Globenewswire· 2025-04-21 13:25
Core Viewpoint - Mullen Automotive has secured a significant order from Cashflow on Wheels for 20 all-electric Mullen THREE vehicles, valued at approximately $1.4 million, aimed at enhancing last-mile delivery efficiency for FedEx and Amazon [2][4]. Group 1: Company Overview - Mullen Automotive is an electric vehicle manufacturer based in Southern California, with production facilities in Tunica, Mississippi, and Mishawaka, Indiana [6]. - The company has recently expanded its commercial dealer network to seven dealers across key U.S. markets, enhancing its sales and service capabilities [6]. - Mullen's vehicles, including the Mullen ONE and Mullen THREE, are certified by the California Air Resource Board and EPA, making them available for sale in the U.S. [6]. Group 2: Cashflow on Wheels - Cashflow on Wheels, founded in 2023, is a logistics company focused on last-mile delivery and transportation solutions, primarily for FedEx and Amazon [5]. - The company emphasizes sustainability and efficiency in its operations, aiming to transition traditional fleets to electric vehicles [3][5]. - Cashflow on Wheels has reported savings of over $500 per route per week by testing electric vehicles, which supports its growth strategy [4]. Group 3: Market Trends - The order from Cashflow on Wheels reflects a growing demand for environmentally friendly commercial vehicles, indicating a shift in the logistics industry towards sustainable practices [4]. - The transition to electric vehicles is seen as a way to reduce operational costs and support future expansion for logistics companies [4].
OPENLANE to Announce First Quarter 2025 Earnings
Prnewswire· 2025-04-16 20:15
CARMEL, Ind., April 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2025 financial results after the market closes on Wednesday, May 7, 2025.OPENLANE will also host an earnings conference call and webcast following the release on Wednesday, May 7, 2025, at 5:00 p.m. ET. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call. A live webcast will be available ...
U POWER LIMITED (NASDAQ:UCAR) and ELMO Joint Venture Pioneer Rapid Battery-Swapping Solutions for Portugal's Taxi Sector
Prnewswire· 2025-04-15 11:30
LISBON, Portugal, April 15, 2025 /PRNewswire/ -- U POWER LIMITED, a global leader in green smart energy grid innovation, together with its ELMO joint venture partner ANTRAL, unveiled transformative plans to redefine urban mobility at ANTRAL's 50th Anniversary & XVI Taxi Day, held from April 10 to 13, 2025, at the Lisbon Congress Center. Focused on accelerating Portugal's transition to zero-emission transport, the initiative centers on deploying cutting-edge battery-swapping technology tailored for taxi flee ...
Q1新能源车市生变:纯电重拾增势,增程光环渐褪
高工锂电· 2025-04-12 12:02
摘要 纯电销量占比重回60%。 2025 年伊始,中国新能源车市风向 再度 转变 。 最新数据显示,纯电动汽车的增长势头正在复苏,而 在 2024 年 表现抢眼的增程式电动汽车则显 现疲态,市场格局较 2024 年发生逆转。 回顾 2024 年, 增程、插混 车型 成为 中国新能源汽车市场增长的主要驱动力。 当年,狭义插 电混动车型批发销量达到 391 万辆,同比激增 84.8% ;增程式车型批发销量亦达 117.9 万 辆,同比增长 70.9% 。 相比之下,纯电动汽车 2024 年全年批发销量虽有 709.5 万辆,但同比增速仅为 15.9% 。 这一增长差异导致纯电动车在全年新能源批发总量中的份额降至 58% ,插电混动与增程式合计占 比达 42% ,呈现出与纯电平分秋色的态势。 然而,进入 2025 年,中国新能源乘用车市场结构 开始 经历显著转向。 与此同时,增程式车型的增长显著放缓, 1 月同比甚至下降 11.3% , 2 月增速仅为 7.4% , 3 月虽回升至 26.0% , 但已落后于纯电和插混。 纯电动市场的复苏呈现出鲜明的 " 杠铃形 " 结构特征,主要由低端入门级和高端细分市场两端共 ...
Should Value Investors Buy LCI Industries (LCII) Stock?
ZACKS· 2025-04-11 14:46
Core Viewpoint - The article emphasizes the importance of value investing and highlights LCI Industries (LCII) as a strong value stock opportunity based on its financial metrics and Zacks Rank system [2][4][6]. Company Analysis - LCI Industries (LCII) currently has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for undervaluation [4]. - The stock has a P/E ratio of 11.69, significantly lower than the industry average P/E of 17.44, suggesting it may be undervalued [4]. - LCII's Forward P/E has fluctuated between 10.75 and 19.38 over the past year, with a median of 16.14, indicating variability in market perception [4]. - The company has a P/B ratio of 1.49, which is favorable compared to the industry average P/B of 3.04, further supporting the notion of undervaluation [5]. - Over the past year, LCII's P/B ratio has ranged from 1.37 to 2.27, with a median of 2.01, reflecting its relative market value [5]. - Overall, the combination of these metrics suggests that LCII is likely undervalued and presents an attractive investment opportunity based on its earnings outlook [6].
Rush Enterprises, Inc. Conference Call Advisory for First Quarter 2025 Earnings Results
Globenewswire· 2025-04-10 20:05
SAN ANTONIO, April 10, 2025 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc., (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America will host a conference call to discuss earnings for the first quarter 2025 on Thursday, May 1, 2025 at 10:00 a.m. Eastern/9:00 a.m. Central. Earnings will be reported after the close of market on Wednesday, April 30, 2025. The call will be available at http://investor.rushenterprises.com/events.cfm on Thursday, May 1, 2025 at 1 ...