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U POWER LIMITED Makes Major Breakthrough in Thailand's Heavy-Duty Truck Battery-Swapping Market
Hong Kong Taxi Battery-Swapping Operations Expected to Launch SoonSHANGHAI, April 2, 2026 /PRNewswire/ -- U POWER Limited, a provider of specialized solutions
About this update from U Power Limited
[{"type":"text","content":"Hong Kong Taxi Battery-Swapping Operations Expected to Launch SoonSHANGHAI, April 2, 2026 /PRNewswire/ -- U POWER Limited, a provider of specialized solutions for next-generation energy networks and intelligent transportation systems, announced that, following its securing an order for 1,000 battery-swapping heavy-duty trucks in Thailand and completing production of the first batch of vehicles, its Hong Kong taxi battery-swapping project is also expected to complete station deployment and commence operations in the second quarter of 2026. This development marks a new stage of full commercial rollout for U POWER LIMITED's battery-swapping business for commercial vehicles across the Asian market.\n \n \n \n \n \n \n \nSuccessful Validation of Commercial Use Cases Supports Scaled Growth of the Battery-Swapping ModelAs one of the earliest technology companies in the industry to invest in the R&D and commercialization of battery-swapping solutions, U POWER LIMITED began promoting its UOTTA battery-swapping model for commercial vehicles in 2020 and achieved proven success in mainland China. After becoming the world's first publicly listed battery-swapping technology company in 2023, U POWER accelerated its international expansion strategy, entering into partnerships with several major enterprises, including Thailand's SUSCO (Susco Public Company Limited) and Whale Logistics Group.In 2025, the company successfully launched a taxi battery-swapping business in Phuket, Thailand, and introduced its UNEX heavy-duty truck battery-swapping project to the Thai market, becoming the first company in overseas markets to achieve scaled commercial operations of battery swapping for commercial transport vehicles.Further Advancing Hong Kong Taxi Battery-Swapping ProjectU POWER LIMITED began laying out its strategy for the Hong Kong taxi battery-swapping market in 2024. In June 2025, the company completed Hong Kong's first demonstration battery-swapping station capable of commercial operation. Since then, it has continued discussions with taxi industry partners regarding the broader rollout of battery-swapping taxis.After identifying a vehicle model suitable for the Hong Kong market in October 2024, the company conducted ongoing road-testing and battery-swapping compatibility validation, while completing the relevant certifications in accordance with ...