#None #Battery-Swapping #U Power Limited #Polestar Energy

U Power Expands into European Market with Battery-Swapping Vans

On October 21, 2025, U Power Limited (Nasdaq: UCAR) announced a pivotal sales agreement with Polestar Energy S.L., a Spanish firm specializing in sustainable energy solutions. This initial contract, valued at €540,000, entails the purchase and deployment of twenty electric vans equipped with U Power's proprietary UOTTATM battery-swapping technology, alongside a state-of-the-art semi-autonomous battery-swapping station.

This marks U Power’s inaugural venture into the European marketplace, specifically focusing on Southern Europe, which is witnessing a surge in electric vehicle (EV) adoption. With a projected market value of $65.7 billion by 2030, growing at a CAGR of 14%, this partnership aims to enhance the accessibility and efficiency of electric transportation.

Synergistic Objectives

Polestar Energy boasts a robust presence in Southern Europe, thus creating an ideal platform for U Power's innovative solutions. By combining their strengths, both companies aspire to promote a sustainable transportation model utilizing smart battery-swapping technologies. The collaboration's initial phase will see the deployment of electric vans across Italy, setting the foundation for future expansions into Spain, Portugal, and Albania.

U Power plans to eventually increase the order to include 2,000 additional electric vans and corresponding battery-swapping stations. This potential expansion signifies both parties' commitment to advancing eco-friendly transportation solutions and contributes to the broader shift towards green technologies.

Technological Innovations

The electric vans, namely the Geely Farizon-UNEX models, are designed to facilitate efficient battery swapping. Each van comes equipped with state-of-the-art technology that not only optimizes energy consumption but also aligns with intelligent transportation systems. U Power's innovative UOTTATM technology enables seamless battery changes, significantly reducing downtime for electric vehicles, thus enhancing operational efficiency for businesses relying on transportation.

Earlier this year, U Power had also made strides in South America through a partnership with Treep Mobility in Peru, involving the deployment of fifty battery-swapping vehicles. This strategic initiative reflects U Power's intent to broaden its footprint in key markets worldwide, demonstrating its versatile approach to sustainable energy solutions.

Future of Green Transportation

Johnny Lee, the CEO and Chairman of U Power, expressed excitement over the partnership with Polestar Energy, considering it a significant milestone in their journey towards global expansion. Lee's vision encapsulates a broader commitment to accelerating the use of clean energy and transportation solutions, aiming for a future where electric vehicles and battery technology are integral to urban mobility.

U Power’s approach aligns with the growing demand for innovative energy solutions, signifying the company’s relentless pursuit of integrating AI-driven technology into everyday transportation. This progressive mindset not only optimizes energy consumption but also positions U Power as a leader in evolving smart mobility ecosystems.

As concerns about climate change and environmental sustainability continue to rise, partnerships like these play a crucial role in redefining urban landscapes. Through initiatives like battery swapping, U Power is pioneering a shift towards an advanced, environmentally conscious future.

For more information about U Power and its innovative solutions, visit U Power Limited.