LOBO TECHNOLOGIES received an initial purchase order for 50 units of its newly co-developed Economic Commission for Europe-certified tricycle electric vehicle from a distributor in Germany. This order represents the first commercial deployment of the Company’s tricycle electric vehicle product line in Western Europe and reflects LOBO‘s continuing efforts to expand into high-end new-energy transportation markets. According to information available to the Company, the German distributor placing the order has long-standing experience in the Western European market and maintains a developed sales network and after-sales support system. The distributor is expected to incorporate LOBO’s EEC-certified tricycle electric vehicle into its existing new-energy product offerings to address demand for convenient, efficient, and environmentally focused transportation solutions.
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