U Power Inaugurates Southeast Asia's First Operational AI-Integrated Battery-Swapping Station
U Power (NASDAQ:UCAR) has launched Southeast Asia's first operational AI-integrated battery-swapping station in Phuket, Thailand, marking a significant expansion of its global energy infrastructure network. The station, developed through a joint venture with SUSCO Public Company Limited, serves electric taxis and ride-hailing fleets with 24/7 operation capability.
The weather-resistant facility features zero-carbon battery-swapping technology and integrates with U Power's Battery-bank system, offering battery-tokens as incentives for EV drivers. This launch follows the company's May 2025 delivery of Southeast Asia's first battery-swapping compatible taxi fleet.
U Power is expanding globally through strategic partnerships, including agreements with Beijing Foton for electric heavy vehicles, plans for 5,000 swappable EVs in Singapore, and projects in Macau, Hong Kong, Europe, and South America, implementing its "Vehicle-Station-Cloud-Token" framework.
U Power (NASDAQ:UCAR) ha inaugurato a Phuket, in Thailandia, la prima stazione di scambio batterie integrata con intelligenza artificiale operativa nel Sud-est asiatico, segnando un'importante espansione della sua rete globale di infrastrutture energetiche. La stazione, sviluppata in joint venture con SUSCO Public Company Limited, serve taxi elettrici e flotte di ride-hailing con operatività 24 ore su 24, 7 giorni su 7.
La struttura resistente alle intemperie utilizza una tecnologia di scambio batterie a zero emissioni di carbonio e si integra con il sistema Battery-bank di U Power, offrendo token batteria come incentivi per i conducenti di veicoli elettrici. Questo lancio segue la consegna da parte dell'azienda, nel maggio 2025, della prima flotta di taxi compatibili con lo scambio batterie nel Sud-est asiatico.
U Power si sta espandendo a livello globale attraverso partnership strategiche, inclusi accordi con Beijing Foton per veicoli pesanti elettrici, piani per 5.000 veicoli elettrici scambiabili a Singapore e progetti a Macao, Hong Kong, Europa e Sud America, implementando il suo modello "Veicolo-Stazione-Cloud-Token".
U Power (NASDAQ:UCAR) ha inaugurado en Phuket, Tailandia, la primera estación operativa de intercambio de baterías integrada con inteligencia artificial del Sudeste Asiático, marcando una expansión significativa de su red global de infraestructura energética. La estación, desarrollada mediante una empresa conjunta con SUSCO Public Company Limited, atiende a taxis eléctricos y flotas de ride-hailing con capacidad de operación 24/7.
La instalación resistente a las inclemencias del tiempo cuenta con tecnología de intercambio de baterías sin emisiones de carbono y se integra con el sistema Battery-bank de U Power, ofreciendo tokens de batería como incentivos para conductores de vehículos eléctricos. Este lanzamiento sigue a la entrega en mayo de 2025 de la primera flota de taxis compatibles con intercambio de baterías en el Sudeste Asiático.
U Power se está expandiendo globalmente a través de alianzas estratégicas, incluyendo acuerdos con Beijing Foton para vehículos pesados eléctricos, planes para 5,000 vehículos eléctricos intercambiables en Singapur y proyectos en Macao, Hong Kong, Europa y América del Sur, implementando su marco "Vehículo-Estación-Nube-Token".
U Power (NASDAQ:UCAR)는 태국 푸켓에 동남아시아 최초의 AI 통합 배터리 교환소를 개설하며 글로벌 에너지 인프라 네트워크를 크게 확장했습니다. 이 교환소는 SUSCO Public Company Limited와의 합작 투자로 개발되었으며, 전기 택시와 라이드헤일링 차량을 24시간 운영으로 지원합니다.
기상 조건에 강한 이 시설은 탄소 배출 없는 배터리 교환 기술을 갖추고 있으며, U Power의 배터리 뱅크 시스템과 연동되어 전기차 운전자에게 배터리 토큰을 인센티브로 제공합니다. 이번 출시는 2025년 5월 동남아 최초 배터리 교환 호환 택시 플릿 배송에 이은 것입니다.
U Power는 Beijing Foton과의 전기 대형 차량 계약, 싱가포르에서 5,000대의 교환 가능한 전기차 계획, 마카오, 홍콩, 유럽, 남미 프로젝트 등 전략적 파트너십을 통해 글로벌 확장을 추진하며 "차량-스테이션-클라우드-토큰" 프레임워크를 구현하고 있습니다.
U Power (NASDAQ:UCAR) a lancé à Phuket, en Thaïlande, la première station opérationnelle d'échange de batteries intégrée à l'IA en Asie du Sud-Est, marquant une expansion significative de son réseau mondial d'infrastructures énergétiques. La station, développée en coentreprise avec SUSCO Public Company Limited, dessert les taxis électriques et les flottes de covoiturage avec une capacité de fonctionnement 24h/24 et 7j/7.
Cette installation résistante aux intempéries utilise une technologie d'échange de batteries zéro carbone et s'intègre au système Battery-bank d'U Power, offrant des jetons batterie comme incitations aux conducteurs de véhicules électriques. Ce lancement fait suite à la livraison en mai 2025 de la première flotte de taxis compatibles avec l'échange de batteries en Asie du Sud-Est.
U Power s'étend à l'international grâce à des partenariats stratégiques, notamment des accords avec Beijing Foton pour des véhicules lourds électriques, des plans pour 5 000 véhicules électriques échangeables à Singapour, ainsi que des projets à Macao, Hong Kong, en Europe et en Amérique du Sud, mettant en œuvre son cadre "Véhicule-Station-Cloud-Jeton".
U Power (NASDAQ:UCAR) hat in Phuket, Thailand, die erste betriebsbereite KI-integrierte Batterie-Wechselstation in Südostasien eröffnet und damit eine bedeutende Erweiterung seines globalen Energieinfrastrukturnetzes markiert. Die Station, entwickelt in einem Joint Venture mit SUSCO Public Company Limited, bedient elektrische Taxis und Ride-Hailing-Flotten mit 24/7-Betrieb.
Die wetterfeste Einrichtung verfügt über klimaneutrale Batterie-Wechseltechnologie und ist in das Battery-bank-System von U Power integriert, das Batterietoken als Anreize für EV-Fahrer anbietet. Dieser Start folgt auf die Auslieferung der ersten batteriekompatiblen Taxi-Flotte in Südostasien im Mai 2025 durch das Unternehmen.
U Power expandiert global durch strategische Partnerschaften, darunter Vereinbarungen mit Beijing Foton für elektrische Nutzfahrzeuge, Pläne für 5.000 austauschbare Elektrofahrzeuge in Singapur sowie Projekte in Macau, Hongkong, Europa und Südamerika und setzt dabei sein "Fahrzeug-Station-Cloud-Token"-Konzept um.
- First operational 24/7 smart battery-swapping station in Southeast Asia
- Zero-carbon technology implementation with innovative battery-token incentive system
- Extensive global expansion through strategic partnerships across multiple regions
- Scalable business model with planned deployment of 5,000 swappable EVs in Singapore
- Weather-resistant technology specifically designed for tropical climates
- Significant capital investment required for infrastructure deployment across multiple regions
- Dependency on partnerships for market expansion and adoption
- Complex regulatory requirements across different international markets
Insights
U Power expands globally with first operational smart battery-swapping station in Southeast Asia, establishing a scalable ecosystem for EV fleets.
U Power's inauguration of Southeast Asia's first AI-integrated battery-swapping station in Phuket represents a significant strategic expansion of their proprietary UOTTA™ technology. This deployment completes an important ecosystem loop by connecting previously delivered swappable electric taxis with the infrastructure needed to support them, creating a full-cycle operational model that can be replicated across regions.
The Thailand station incorporates several advanced features that address critical market challenges: it supports sub-5-minute battery swaps, offers weather resistance specifically engineered for tropical climates, operates 24/7 with full automation, and introduces a novel battery-token incentive system. These innovations create a compelling value proposition for fleet operators by eliminating traditional EV charging downtime while building network effects through their token ecosystem.
The company's global expansion strategy follows a clear "Vehicle-Station-Cloud-Token" framework, with similar partnerships now spanning Singapore, Macau, Hong Kong, Portugal, and planned entry into South American markets. This systematic approach to creating a nodal energy infrastructure network positions U Power to potentially capture significant market share in regions transitioning to electrified transportation, particularly in commercial fleet applications where battery swapping offers clear operational advantages over conventional charging models.
What's particularly notable is how U Power is developing an interoperable system compatible with multiple vehicle types (including future autonomous vehicles) while simultaneously building partnerships with multiple stakeholders - from government entities to taxi associations and vehicle manufacturers. This ecosystem approach creates potential network effects and barriers to entry for competitors, potentially establishing UOTTA™ as a standard within its target markets.
Building a Global Data-Driven Energy Ecosystem Via Partnerships Aiming to Create a Smarter, Greener, and More Efficient Energy Future
The commencement of operations at the Thailand Station follows U Power's May 2025 delivery of
In April 2025, U Power, in collaboration with UNEX EV and CP-MG, delivered its first batch of swappable electric vehicles, now operating as taxis and ride-hailing services in
Supporting battery swaps within minutes, the Thailand Station integrates AI-powered battery-swapping solutions and is compatible with multiple vehicle types, including future autonomous vehicles. The weather-resistant Thailand Station is specifically designed to withstand
Johnny Lee, CEO and Chairman of U Power commented, "We are thrilled to inaugurate
Building a Global Data-Driven Energy Ecosystem
Guided by its strategic "Vehicle-Station-Cloud-Token" framework, U Power is building a nodal, intelligent, and data-driven energy infrastructure network, that enables seamless integration between mobility energy and digital energy trading, laying the foundation for the widespread adoption of autonomous vehicles and accelerating the transition toward a fully automated, unmanned future in global smart mobility.
U Power is addressing a critical challenge in mobility energy by deploying its smart swapping stations across countries and continents, via collaborations with governments and industry partners aiming to create a smarter, greener, and more efficient energy future.
Recent agreements signed with reputable partners across several regions include:
- U Power's agreement with Beijing Foton aims to promote battery-swapping compatible electric heavy trucks, buses and vans in the
Southeast Asia ,South America , Hong Kong SAR, and Macau SAR markets. - In
Singapore , U Power launched its "ESP Model" which aims to deploy 5,000 swappable EVs and a corresponding number of UOTTA™ stations, while converting 300 existing MG EP taxis into swappable versions. - In Macau, the agreement with another local ESP aims to facilitate the deployment of UOTTA battery-swapping stations and sales of compatible EVs (starting with approximately 600 four-wheeled and 5,000 two-wheeled compatible battery-swapping vehicles)
- In
Hong Kong , the first UOTTA™ smart swapping station opened in June in Kwai Chung, with a three-phase plan to build 55 stations to serve taxis, buses, and even ferries. - In Europe, U Power partnered with the Portuguese Taxi Association to establish the joint venture ELMO.
- In
South America , U Power plans to launch its first station inPeru , in partnership with local ride-hailing platform Ualabee.
About U Power Limited
U Power is a provider of comprehensive AI-integrated energy solutions that connect electric vehicles (EVs) with advanced energy infrastructure, optimizing both mobility and grid performance. Originally a distributor of various battery-swapping station models built on its proprietary modular battery-swapping technology UOTTA™, U Power has evolved into a provider of AI-integrated solutions for energy grids and transportation systems.
Through investments in next-generation technologies, U Power is building intelligent ecosystems that integrate resilient AI driven solutions able to transform EVs into dynamic energy assets. By incorporating AI algorithms, U Power's comprehensive solutions for smart energy grids are designed to support autonomous EV driving, optimize energy replenishment efficiency, and seamlessly connect EV assets with advanced AI-powered transportation systems, enabling peak and off-peak energy load balancing.
For more information, please visit the Company's website: https://www.upower-limited.com/.
Safe Harbor Statements
This press release contains "forward-looking statements". Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "could," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "propose," "potential," "continue" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to review other factors that may affect its future results in the Company's registration statements and other filings with the
Contact
U Power Limited
Investor Relations Department
ir@upincar.com
The Equity Group
Lena Cati, Senior Vice President
212-836-9611 / lcati@theequitygroup.com
Alice Zhang, Associate
212-836-9610 / azhang@theequitygroup.com
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SOURCE U Power Limited
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