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LOBO EV Launches Innovative Solar-Powered Golf Cart to Address Increasing Market Demand for Sustainable Transportation Solutions
WUXI, China, Aug. 19, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative e-bicycle, e-moped,
About this update from Lobo Technologies Ltd.
[{"type":"text","content":"WUXI, China, Aug. 19, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer and seller, launched its new solar-powered golf cart, with the initial production run of 33 units already sold to U.S. customers. This marks the third successful export of LOBO’s golf carts to the U.S., reinforcing the Company’s growing market presence and its commitment to providing high-quality, eco-friendly products. “This launch underscores our dedication to innovation and our strategic focus on the burgeoning U.S. market, where demand for sustainable transportation solutions continues to grow,” said Huajian Xu, CEO of LOBO EV Technologies Ltd. “Our new solar-powered mini golf cart not only aligns with LOBO’s green travel philosophy but also meets the evolving needs of our environmentally conscious customers.” The new golf cart integrates cutting-edge solar technology, featuring high-efficiency solar panels with a 40V output and a power rating of 270W. These panels achieve a remarkable conversion efficiency of up to 22% and are designed with a 60-degree bending capability, ensuring durability and adaptability. The solar system enables up to 80% battery charge through sunlight alone, enhancing energy efficiency and promoting true green travel. LOBO EV Solar-Powered Golf Cart The cart is equipped with a powerful 1500W electric motor, available in 60V and 72V variants, and features a robust dual-row 18-tube controller for reliable performance. Its advanced design includes an all-aluminum chassis, independent suspension for all four wheels, and 350-10 vacuum tires, providing a smooth and comfortable driving experience. Safety is prioritized with rear disc brakes and a dual-circuit hydraulic braking system, while additional features such as LED headlights, turn signals, and a large LCD display with Bluetooth and USB connectivity deliver modern convenience and user-friendly operation. The golf cart market is estimated at $2.14 billion in 2024 and forecasted to grow to $2.84 billion by 2029, according to data from Mordor Intelligence. Moving forward, LOBO will continue to invest in product innovation and research and development to offer more sustainable travel solutions worldwide. About LOBO EV...