U Power Announces Strategic Partnership with SAIC-Hongyan and UNEX EV to Deploy Battery-Swapping Compatible Heavy Trucks in Thailand and Beyond

Addressing the Demand for Green and Sustainable Transportation Solutions in the Logistics Industry SHANGHAI, Aug. 18, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-powered solutions for next-generation energy grids and intelligent transportation systems, building on its proprietary UOTTATM electric vehicle (EV) battery-swapping technology, today announced that it has signed a Memorandum of Understanding ("MOU") with SAIC HONGYAN Automotive Co., Ltd ("SAIC ...