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U Power Limited, a Chinese vehicle sourcing company transitioning into an EV battery solutions provider, has begun market validation of its shared battery swapping solution for two- and four-wheeled electric vehicles. The initial deployment includes over 40 swapping stations in Shanxi, China, focusing on the delivery and food service sectors.
U Power aims to expand its service model beyond Shanxi following a successful test period. Target provinces include Shandong, Anhui, and additional areas within Shanxi. The company’s technology utilizes standardized battery packs to allow compatibility across varied EV types. This means diverse two- and four-wheeled models can use the same stations.
See also: U POWER Drives EV Revolution with Plug-and-Play Chassis
“Our shared battery swapping solution is an exciting innovation for individuals employed in the delivery industry,” commented Mr. Jia Li, Chief Executive Officer and Chairman of the Board. “We are confident that our solution will help delivery service providers lower their daily operating costs while enhancing overall vehicle efficiency… our leasing system is projected to reduce battery operating expenses by around 30%.”
About U Power Limited
U Power Limited began as a vehicle sourcing services provider focused on lower-tier Chinese cities. It now aspires to be a significant force in the EV market, driven by its proprietary UOTTA intelligent, modular battery-swapping technology. The company operates a network of battery-swapping stations designed for compatible EVs and maintains a manufacturing plant in Zibo City, Shandong Province, China.
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