LOBO TECHNOLOGIES Receives Initial Purchase Order For 50 Units Of Co-Developed Economic Commission For Europe-Certified Tricycle Electric Vehicle From Distributor In Germany

LOBO TECHNOLOGIES LTD. (NASDAQ:LOBO) ("LOBO" or the "Company") today announced that it has received an initial purchase order for 50 units of its newly co-developed Economic Commission for Europe ("EEC")-certified tricycle electric vehicle from a distributor in Germany. This order represents the first commercial deployment of the Company's tricycle electric vehicle product line in Western Europe and reflects LOBO's continuing efforts to expand into high-end new-energy transportation markets.