LOBO EV (LOBO) Technologies announced a strategic partnership with the Jiangsu Research Institute of Dalian University of Technology. This collaboration represents a major advancement in LOBO’s expansion into the smart healthcare sector, as both parties will co-develop and commercialize a next-generation AI-powered senior mobility robot. The robot is expected to launch commercially in October 2025 and is projected to generate approximately USD 3 million in recurring annual revenue. Designed to address the rising global demand for intelligent elderly care solutions, the product merges state-of-the-art mobility, safety, and health-monitoring technologies into a single, elegantly engineered platform.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LOBO:
