LOBO EV opens new manufacturing facility in Wuxi, China

LOBO EV Technologies announced the opening of its new 135,754-square-foot manufacturing facility in Wuxi, China. Strategically located in Dachen Industry Park, the center of the Wuxi e-bike industry, this new facility more than doubles the Company’s production capacity in the region. Operations at the new facility will begin on May 8, 2024. “Our new manufacturing facility in Wuxi is an important step forward in our expansion strategy,” stated Huajian Xu, CEO of LOBO. “In addition to expanding our production capacity, this new plant also enhances our ability to innovate and efficiently meet the increasing demand for high-quality two-wheeled electric vehicles. This investment, fueled by our recent successful IPO, is more than an investment in LOBO’s future, it’s also a testament to our confidence in the growing global market for our products.”