Core Insights - U Power Limited has inaugurated Southeast Asia's first operational smart battery-swapping station in Phuket, Thailand, marking a significant milestone in the company's expansion and its joint venture with SUSCO Public Company Limited [1][2][5] - The Thailand Station is designed to support electric taxis and ride-hailing fleets, integrating AI-powered battery-swapping solutions and providing a zero-carbon energy model [4][5] - The company aims to create a comprehensive battery-swapping ecosystem that connects electric vehicles with advanced energy infrastructure, facilitating the transition to a more sustainable transportation model [6][9] Company Developments - The Thailand Station follows the delivery of Southeast Asia's first battery-swapping compatible taxi fleet in May 2025, establishing a scalable business model for the region [2][3] - U Power's strategic framework includes the deployment of smart swapping stations across various regions, with recent agreements to promote battery-swapping compatible electric heavy trucks and buses in Southeast Asia and South America [7] - The company plans to launch 5,000 swappable EVs and corresponding UOTTA™ stations in Singapore, while also facilitating the deployment of battery-swapping stations in Macau [7] Technological Innovations - The Thailand Station supports battery swaps within minutes and is compatible with multiple vehicle types, including future autonomous vehicles, showcasing the integration of next-generation AI technologies [4][5] - U Power's AI-driven solutions are designed to optimize energy replenishment efficiency and support autonomous EV driving, contributing to a more efficient energy grid [9] - The company is building a data-driven energy infrastructure network that enables seamless integration between mobility energy and digital energy trading [6]