LOBO EV Technologies Ltd., a pioneering electric vehicle manufacturer, has garnered significant attention and secured promising deals at the 135th China Import and Export Fair (“Canton Fair”), signaling a promising future for the company’s innovative electric mobility solutions.
The Canton Fair, held on Pazhou Island, Guangzhou, has served as a platform for LOBO to showcase its latest advancements in electric mobility, particularly its newly developed solar energy series. On the first day of the event, more than 100 potential buyers visited LOBO’s booth, expressing strong interest in the company’s offerings.
“We are thrilled by the overwhelming response our innovative solar-powered EVs have received at the 135th Canton Fair,” remarked Huajian Xu, CEO of LOBO. “The praise from both new and existing clients has been incredibly affirming, reflecting our commitment to advancing electric mobility.”
One of the highlights of LOBO’s presence at the Canton Fair is its discussions to establish a strategic cooperation agreement with a Cambodian customer, potentially generating annual sales of over 10,000 vehicles. Additionally, the company has already secured approximately $1.2 million in new orders from distributors at the exhibition, spanning regions such as Eastern Europe, Southeast Asia, North America, and Latin America.
The global e-bike, e-trike, and e-scooter market, estimated at $28 billion in 2023, is projected to exceed $39 billion by 2028, showcasing the immense growth potential of the electric mobility sector. LOBO aims to capitalize on this trend by introducing a range of solar-powered e-trikes, golf carts, and ATV/UVT models designed to address critical challenges such as charging convenience and travel range.
With more than 60,000 overseas buyers from 205 countries and regions attending the Canton Fair on its opening day, LOBO’s presence underscores its commitment to expanding its global footprint and meeting the evolving needs of customers worldwide.
The company’s booth, located at 16-2-I-03, is showcasing its innovative electric mobility products, attracting attention from industry stakeholders and potential partners alike. LOBO’s participation in the Canton Fair reaffirms its position as a frontrunner in the electric vehicle market, poised to drive the future of sustainable transportation.
