U Power and Pattaya AI Partner to Boost Green Logistics and EV Infrastructure in Thailand
Portfolio Pulse from Benzinga Newsdesk
U Power Limited (NASDAQ:UCAR) has signed a Memorandum of Understanding with Pattaya AI Terminal Co., Ltd. to develop green logistics and EV infrastructure in Thailand. The partnership will leverage U Power's battery-swapping technology and expertise in commercial EVs to enhance logistics efficiency and develop charging stations.
July 03, 2024 | 10:01 am
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U Power Limited (NASDAQ:UCAR) has entered into a partnership with Pattaya AI to develop green logistics and EV infrastructure in Thailand. This collaboration will utilize U Power's battery-swapping technology and expertise in commercial EVs, potentially enhancing logistics efficiency and expanding their market presence.
The partnership with Pattaya AI opens new market opportunities for U Power in Thailand, leveraging their battery-swapping technology and commercial EV expertise. This could lead to increased revenue and market presence, positively impacting UCAR's stock price in the short term.
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