Lobo EV Technologies (LOBO) said Thursday that it has partnered with an undisclosed US-based distributor in Atlanta, Georgia, to purchase and distribute 5,000 customized Lobo small-size four-wheeler electric vehicles, representing an estimated revenue of $6 million.
Lobo said the move is part of its phased rollout strategy in the US.
The company said it also plans to launch an electric and gasoline dual-power vehicle.
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