U Power Announces Follow-on Purchase Order From Major Taxi Operator - Quick Facts

(RTTNews) - U Power (UCAR) announced a follow-on purchase order from a major taxi operator in Jilin, China for the purchase of advanced dual-mode intelligent battery swapping stations, which feature separate robotic guided vehicles for battery removal and installation. The company noted that this innovation significantly reduces the battery swapping time from between three to five minutes to two to three minutes.

U Power is a vehicle sourcing services provider. It has developed two types of battery-swapping stations for compatible EVs and is operating one manufacturing factory in Zibo City, Shandong Province, China.