U Power and Ualabee Join Forces to Bring Innovative Battery-Swapping Solutions to South America's Ride-Hailing Market
U Power Limited - Class A Ordinary Shares (UCAR)
Company Research
Source: PR Newswire
Strategic Partnership Aims to Revolutionize South American Ride-HailingSHANGHAI, Oct. 21, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) ("U Power" or "the Company"), a vehicle sourcing services provider with a vision to becoming a comprehensive electric EV battery power solution provider in China, today announced the signing of a Memorandum of Understanding with Ualabee Corp., a leading South American mobile travel platform. The strategic partnership aims to integrate U Power's proprietary UOTTA battery-swapping technology into Ualabee's ride-hailing services across South America, marking a significant step in the Company's global expansion strategy.Ualabee, a leading South American mobility platform, revolutionizes urban transportation through its comprehensive app-based services. Offering a seamless blend of ride-hailing, taxi, and shared mototaxi options, Ualabee has established itself as a pioneer in the region's evolving transportation landscape. With a strong focus on tech
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Sec Filings
- 11/12/24 - Form EFFECT
- 10/30/24 - Form F-3
- 10/22/24 - Form EFFECT
- UCAR's page on the SEC website