LOBO EV Technologies Expands Manufacturing Capacity With New Factory In Wuqing Development Zone
Portfolio Pulse from Benzinga Newsdesk
LOBO EV Technologies has announced the expansion of its manufacturing capacity with a new factory in the Wuqing Development Zone. The third facility spans 107,639 sq ft, with 78,748 sq ft dedicated to manufacturing activities.
August 05, 2024 | 12:46 pm
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LOBO EV Technologies has expanded its manufacturing capacity by opening a new factory in the Wuqing Development Zone. This third facility spans 107,639 sq ft, with 78,748 sq ft dedicated to manufacturing activities, which is likely to boost production capabilities and potentially increase revenues.
The expansion of manufacturing capacity is a positive development for LOBO EV Technologies as it indicates growth and the potential for increased production and revenues. The new facility's significant size dedicated to manufacturing activities suggests a substantial boost in production capabilities.
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