LOBO Technologies Acquires Shenzhen Xiangri Team, Projecting $5 Million Revenue in 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 12 2025
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Source: Globenewswire
- Team Integration: LOBO's acquisition of Shenzhen Xiangri's R&D, sales, and operations teams establishes a new Solar Division aimed at accelerating entry into the photovoltaic energy-storage market, thereby enhancing the company's competitiveness in green energy.
- Technical Enhancement: The Shenzhen Xiangri team brings over 12 years of PV industry experience, with their latest PV-storage charging solution potentially improving low-speed electric vehicle range by up to 19%, significantly enhancing LOBO's solar vehicle performance.
- Market Opportunities: LOBO's newly awarded solar-storage projects in Africa require an experienced technical and sales team to ensure successful execution, presenting significant growth opportunities for LOBO's solar-storage solutions in the expansive African market.
- Revenue Projections: LOBO projects that the newly established Solar Division could generate approximately $5 million in revenue in 2026, reflecting the company's optimistic outlook on market conditions and leveraging the integrated team's expertise to drive business growth.
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Analyst Views on LOBO
About LOBO
Lobo Technologies Ltd, formerly Lobo EV Technologies Ltd, is a holding company principally engaged in providing electric mobility and robotic products. The Company operates its businesses through two segments. The Electric Vehicles and Accessories Sales segment is mainly engaged in manufacturing and sale of electric vehicles and accessories. The Software Royalties and Development and Design Services segment provides software solutions development for automotive electronics, like multimedia interactive system, multifunctional rear-view mirrors, and dash-cam, and household solar electronic system. The Company’s products include two-wheeled electric vehicles (E-bicycles), three-wheeled electric vehicles (E-tricycles) and electric off-highway four-wheeled shuttles (E-carts).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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