#Thailand #Bangkok #U Power Limited #Battery Swap #Bangkok Motor Show

U Power Limited’s Significant Milestone

On April 8, 2025, U Power Limited (NASDAQ: UCAR), a pioneering force in green smart energy solutions, reached a monumental milestone in its expansion within Southeast Asia. During the 2025 Bangkok International Motor Show, the company publicly demonstrated its UOTTA battery swap station, garnering considerable attention from industry leaders and over 80 accredited media outlets in Thailand. This event marks the first public demonstration of such technology in the region, establishing U Power as a frontrunner in the electric vehicle (EV) infrastructure landscape.

The demonstration was not just a showcase of advanced technology but also a foundational step towards the establishment of commercial battery swap services in Thailand. In collaboration with SUSCO Public Company Limited, a local powerhouse in energy distribution, U Power plans to implement the operation of these battery swap stations across the country. The strategic partnership, finalized in early March 2025, aims to leverage SUSCO’s extensive network spanning major tourism zones and logistics hubs, setting the stage for rapid nationwide deployment of battery swapping solutions.

Revolutionizing EV Infrastructure

Jamie Zhang, the CEO of U Swap Co Ltd., U Power's Thai subsidiary, emphasized the significance of this demonstration. 'This is not merely about installing equipment. It is a strategic initiative aimed at enhancing the overall EV infrastructure standards in Southeast Asia,' he stated. U Power is committed to creating a replicable model of battery swapping that optimizes deployment in areas heavily traversed by tourists, thereby ensuring convenience and efficiency.

The showcased station, which is now headed to Phuket for operational capabilities, serves as a physical representation of U Power's climate-resilient technology tailored for Thailand’s unique tropical conditions. The move reflects a broader strategy where U Power harmonizes investment in local EV commercialization efforts with practical station implementation, underlining the company’s dedication to sustainable growth.

Strategic Implementation and Future Goals

This initiative aligns perfectly with Thailand's ambition to become a leader in the EV market, in line with the nation's EV 3.5 policy, which offers consumer subsidies for battery-swappable vehicles until 2027. Johny Lee, CEO of U Power, remarked, 'This demonstration serves as a model for scalable electrification strategies in ASEAN's tourism-centric economies. As the pioneering provider of operational battery swap solutions in Thailand, we are focused on developing infrastructure that adapts to market demands, reinforced by productive cross-sector collaborations.'

The first operational phase will involve servicing electric taxis and ride-hailing vehicles under established commercial agreements, marking the commencement of Thailand's first fully functional battery swap ecosystem. This 'exhibit-to-operation' model is designed not only to demonstrate efficiency but also to validate real-world applications before broader network expansion.

The collaborative model envisioned by U Power promotes a win-win scenario, allowing local energy partners to utilize UOTTA’s open-architecture platform and fosters sustainable infrastructure growth without imposing a significant capital burden.

The Future of U Power in Thailand

Looking ahead, U Power intends to further its foothold in Thailand and beyond by enhancing its battery-swapping technology and expanding its partnerships regionally. The company's vision is to continually adapt and evolve its services to meet the climbing demand for EV infrastructure, ensuring an environmentally sustainable future for Southeast Asia’s transportation networks. For regular updates and more information on U Power Limited and its initiatives, visit their official website at U Power Limited.

By setting this benchmark in battery swappable technology, U Power Limited is realistically positioning itself at the helm of the EV revolution, guiding Southeast Asia toward a greener and more sustainable future.