U Power Secures Follow-On Purchase Order From A Taxi Operator In Jilin, China; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
U Power has secured a follow-on purchase order from a taxi operator in Jilin, China, for its advanced dual-mode intelligent battery swapping stations. The terms of the order were not disclosed.
June 03, 2024 | 10:06 am
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U Power has received a follow-on purchase order from a taxi operator in Jilin, China, for its advanced dual-mode intelligent battery swapping stations. This indicates continued demand for U Power's technology.
The follow-on order suggests that U Power's technology is gaining traction and acceptance, which could positively impact its revenue and market position. However, the lack of disclosed terms adds some uncertainty.
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