U Power Inks Initial €540K Sales Agreement With Polestar Energy For Purchase, Deployment Of Twenty UOTTA Battery-Swapping Geely Farizon-Unex Electric Vans In Southern Europe

Author: Benzinga Newsdesk | October 21, 2025 07:05am

U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-powered solutions for next-generation energy grids and intelligent transportation systems, building on its proprietary UOTTATM electric vehicle (EV) battery-swapping technology, today announced that it has signed an initial sales agreement with Polestar Energy S.L. ("Polestar Energy"), a Spanish company specialized in sustainable and innovative energy solutions, for the purchase and deployment of twenty UOTTA™ battery-swapping Geely Farizon-UNEX electric vans and a supporting semi-autonomous three-slot smart battery-swapping station, valued at €540,000, for the Southern European market.

Posted In: UCAR