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U Power – SUSCO to form JV in Thailand, entering Thai commercial EV battery swapping market

Announced on March 24, 2025, U Power Limited (Nasdaq: UCAR), a world leader in rapid EV battery swapping technology, through its Thai subsidiary, U SWAP, has signed a joint venture agreement with SUSCO PCL. 
The JV will deploy U Power's UOTTA battery-swapping technology across SUSCO's extensive fueling station networ....

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