LOBO EV Technologies announced that the company completed a record number of shipments in September 2024, driven by the successful introduction of new products and an expanding overseas customer base. The volume of deliveries in September 2024 increased approximately 108% compared to September 2023, with about 2,800 units of e-bikes and 700 units of tricycles sold. The strong demand for LOBO‘s latest products, combined with expanding overseas customer base, has contributed to this achievement.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LOBO:
- Arcadium confirms Rio approach, Apollo funds to acquire Barnes: Morning Buzz
- LOBO EV sees 80% year-over-year revenue growth for 2024
- Stellantis cuts 2024 targets, TPG acquires AT&T’s DirecTV stake: Morning Buzz
- LOBO EV reports 1H EPS (4c) vs. 11c last year
- LOBO EV anticipates margin improvements in 2H24