StockNews.AI
LOBO
StockNews.AI
33 days

LOBO EV Made Announcement to Enter APOZ

1. LOBO EV partners with ASC Global for Texas production facility. 2. Focus on manufacturing electric vehicles including scooters and bikes. 3. Strategic location at APOZ offers significant growth opportunities. 4. LOBO has strong growth potential in North American market. 5. Inquiries from various manufacturers bolster future production prospects.

5m saved
Insight
Article

FAQ

Why Bullish?

The partnership with ASC Global enhances LOBO's production capability, supporting market expansion. Historical examples include similar strategic partnerships leading to increased valuations in other EV companies.

How important is it?

The agreement facilitates operational scaling for LOBO, directly influencing market perception and investor interest.

Why Long Term?

The establishment of a production facility suggests sustained operations and growth potential over time. This aligns with long-term trends in electric vehicle adoption and demand.

Related Companies

TKCMTSLARIVNNIO
LOBO EV is prepared to start production in Texas ASC Global Inc. is a wholly-owned subsidiary of Token Communities (OTC-ID / Stock Symbol:TKCM) has executed an agreement with LOBO EV (a Nasdaq company) to develop a strategic cooperation relationship to set up production facility at APOZ ( Asia Pacific Opportunity Zone ) to manufacture various types of electric vehicles, including electric scooters, electric bikes, electric golf carts and others.LOBO EV and APOZ enter Strategic Partnership for U.S. ( the LOBO press release ).According to Mr. David Champ, the president & CEO of the company that LOBO EV is a very reputable EV products manufacturer, and it has been growing steadily over the past years with excellent growth potential in the North America market. With the help and assistance to be provided by ASC Global Inc. and the excellent strategic location and benefits ( QOZ + FTZ dual Status ) of APOZ Business Park, LOBO EV can easily reach their growth target and maximize their market potentials.As per Ms. Ruby Lin who is the Director of Business Development, APOZ has been receiving excellent inquiries and responses from dozens of companies from various manufacturers in Taiwan and other Asia Pacific countries, these companies are in UAV ( drones ), solar panels, sport goods, electric vehicles, food & beverages, building materials and many others.For any information about APOZ, please contact David at ( 631 ) 397-1111.Forward-Looking StatementsCertain information set forth in this presentation contains "forward-looking information", including "future-oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects, and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company's current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.SOURCE: Token Communities Ltd.

Related News