LOBO EV Forges Strategic Collaboration with CSM2017 to Expand E-Bicycle Business in Serbia
LOBO EV TECHNOLOGIES LTD. - Ordinary shares (LOBO)
Company Research
Source: GlobeNewswire
WUXI, China, April 02, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative electric vehicle manufacturer and seller, today announced its new strategic collaboration with Serbian distributor CSM2017 Doo (“CSM2017”), marking a milestone in its expansion into the burgeoning electric vehicle market in Eastern Europe. With a growing demand for sustainable transportation options, the region presents a ripe opportunity for LOBO EV’s innovative product lineup, starting with the CSM-01 e-bicycle. “Our collaboration with CSM2017 marks a pivotal step in LOBO's journey towards global expansion and accelerating growth,” stated Huajian Xu, CEO of LOBO EV. “Working with CSM2017 both enhances shareholder value and strengthens our market position as a leader in electric mobility solutions. We look forward to collaborating with CSM2017 to develop and introduce an expanding line of products custom tailored to customer demands in the region.” LOB
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