Lobo Technologies Ltd. (NASDAQ: LOBO)

Lobo Technologies Ltd. is an electric mobility products manufacturer that designs, produces and sells e-bicycles, e-mopeds, e-tricycles, electric golf carts, elderly scooters, solar-powered vehicles and related smart products and services.

The company generates revenue primarily from the sale of its electric mobility products. In fiscal year 2025, sales of two-wheeled vehicles accounted for 57% of total revenue, three-wheeled vehicles for 26%, and four-wheeled shuttles for 3%, with the remaining 14% derived from its solutions development segment, which provides industrial AI services and related offerings.

The company operates through the following segments:

• Two-wheeled Electric Vehicles: This segment includes e-bicycles and e-mopeds designed for personal commuting and light cargo, offering models with speeds up to 25 km/h and price ranges from RMB1,100 to RMB3,900.

• Three-wheeled Electric Vehicles: This segment focuses on e-tricycles for urban leisure and passenger transport, with models priced between RMB1,900 and RMB5,450 and top speeds under 25 km/h.

• Electric Off-highway Four-wheeled Shuttles: This segment comprises electric golf carts and elderly scooters, capable of speeds up to 40 km/h for carts and under 10 km/h for scooters, serving recreational and mobility‑assisted markets.

• Solutions Development: This segment provides industrial AI services and related solutions, leveraging the company’s software platforms to support tier‑one suppliers and enable new product orders.

Lobo Technologies Ltd. positions itself as a high‑tech player in the electric mobility sector, distinguished by its experienced management team, user‑centric product design, and cost‑leadership approach that together enable it to offer affordable, high‑quality electric vehicles while maintaining strong relationships with suppliers and dealers.

The company serves a diverse customer base that includes individual consumers, delivery personnel, elderly users, and recreational facilities, supported by a dealer network of over 150 partners across more than 60 countries in Asia, Europe, Africa, Latin America and the United States, as well as sales through the Alibaba international platform and direct relationship‑marketing engagements with tier‑one suppliers.