LOBO Partners with Green Gold Asia for Electric Vehicle Expansion in Indonesia | LOBO Stock News

2 days ago

LOBO has announced a strategic partnership with Green Gold Asia aimed at launching an innovative line of electric bikes and tricycles in Indonesia. This collaboration is a significant step in LOBO's global expansion strategy, focusing on delivering accessible and eco-friendly mobility solutions worldwide.

By teaming up with Green Gold Asia, a recognized leader in sustainable development and market entry strategies, LOBO (ticker) plans to offer customized, high-quality electric vehicles. This initiative will be supported by a dependable network of charging stations developed by Green Gold Asia, ensuring comprehensive service and accessibility.

According to the terms of the strategic cooperation, the partnership expects to surpass a $5 million USD valuation within its first year. The rollout will proceed in phases, targeting key metropolitan areas to maximize impact and reach.

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