U Power Signs €540,000 Deal to Supply Battery-Swapping Electric Vans to Polestar Energy

Reuters10-21

U Power Signs €540,000 Deal to Supply Battery-Swapping Electric Vans to Polestar Energy

U Power Ltd. has announced the signing of an initial sales agreement with Polestar Energy S.L. for the purchase and deployment of twenty UOTTA™ battery-swapping Geely Farizon-UNEX electric vans and a semi-autonomous three-slot smart battery-swapping station in Southern Europe. The agreement is valued at €540,000. U Power expects the partnership may lead to additional orders for up to 2,000 electric vans and compatible battery-swapping stations in the future. This marks U Power's first sales agreement in Europe and follows a previous order in South America.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. U Power Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN96450) on October 21, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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