LOBO EV expands Serbia partnership with $5M annual CKD supply commitment

LOBO EV (LOBO) Technologies announced a significant expansion of its partnership with Serbian distributor, underscoring deepening collaboration and growing market potential in Eastern Europe. Following the initial announcement of their joint efforts to launch the e-bicycle and establish an assembly line in Serbia, the Serbia distributor has now committed to sourcing approximately $5 million USD annually in CKD mode directly from LOBO. These CKD components will be used to locally assemble e-bicycles under the “Made in Serbia” label, which will then be marketed across Serbia and neighboring countries.