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March 24,2025

U Power, SUSCO Partner for EV Expansion in Thailand

U Power Limited (NASDAQ: UCAR), a pioneer in EV battery swapping, has partnered with SUSCO Public Company to expand its UOTTA battery-swapping system across Thailand’s fueling stations. This aligns with Thailand’s "30@30" policy, targeting 30% EV sales by 2030. U Power plans to deploy 1,450 stations, enhancing fleet efficiency.

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