Lobo Technologies Integrates Shenzhen Xiangri Team to Launch Solar Division

Reuters
2025.12.12 13:31
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Lobo Technologies Ltd. has integrated Shenzhen Xiangri Technology Co., Ltd.'s team into its subsidiary, Jiangsu LOBO Electric Vehicle Co. Ltd., to form a new Solar Division. This move aims to enhance LOBO's capabilities in the photovoltaic energy storage market and support solar-storage projects in Africa. The Solar Division is projected to generate approximately US$5 million in revenue by 2026.