LOBO | Market Cap: $9.8M (07/13/26)
Industry:
Automotive Manufacturing
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DESCRIPTION

LOBO is a small Chinese electric vehicle manufacturer that assembles and sells short-distance electric mobility products for export markets. LOBO operates four factories in Tianjin and Wuxi, China, and sells almost entirely overseas through a dealer network spanning more than 150 dealers across roughly 60 countries in Asia, Europe, Africa, Latin America, and the U.S., as well as through Alibaba's B2B platform. LOBO's core products are e-bicycles and e-mopeds (~57% of revenue), e-tricycles (~26% of revenue), and electric off-highway four-wheeled vehicles such as golf carts and elderly scooters (~3% of revenue). LOBO buys components from suppliers and assembles them in-house, though it outsources production of simpler or lower-margin models. Cost control is central to LOBO's model — the company uses centralized procurement, collaborates closely with suppliers to reduce component costs, and designs products with interchangeable parts to maintain supply chain flexibility. Revenue is driven by unit volume, product mix, and pricing, with LOBO pursuing a cost-leadership approach in export markets. LOBO's stated long-term goal is to become a dominant niche player in intelligent urban tricycles and off-highway electric shuttles, with growth driven by new model launches, dealer network expansion, and investment in connected vehicle features.

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