U Power Limited Commences Commercial Operations in Peru with UOTTA Battery-Swapping Technology
U Power (UCAR) has announced the commercial launch of its UOTTA battery-swapping technology in Peru through a partnership with Treep Mobility Group S.A.C., a leading Moto Taxi operator. The company has successfully completed a pilot deployment including 2 battery-swapping stations, 1 three-wheeler, and 10 two-wheeler electric vehicles.
Following the successful pilot, Treep Mobility plans to convert its traditional fuel-powered fleet to UOTTA's battery-swapping model, with expected orders exceeding US$1 million. The solution offers 30-40% reduced operating costs compared to fuel vehicles. UOTTA's system integrates AI technology through its cloud platform and station control system to predict customer demand and optimize operational efficiency.
The market opportunity includes over 100,000 registered Moto Taxis in Peru and more than 300,000 new electric three-wheeler and two-wheeler motorcycles added annually in South America.
U Power (UCAR) ha annunciato il lancio commerciale della sua tecnologia di scambio batterie UOTTA in Perù attraverso una partnership con Treep Mobility Group S.A.C., un operatore di moto taxi leader. L'azienda ha completato con successo una fase pilota che include 2 stazioni di scambio batterie, 1 veicolo a tre ruote e 10 veicoli elettrici a due ruote.
Dopo il successo della fase pilota, Treep Mobility prevede di convertire la sua flotta tradizionale alimentata a carburante al modello di scambio batterie di UOTTA, con ordini attesi superiori a 1 milione di dollari USA. Questa soluzione offre costi operativi ridotti del 30-40% rispetto ai veicoli a carburante. Il sistema UOTTA integra la tecnologia AI attraverso la sua piattaforma cloud e il sistema di controllo delle stazioni per prevedere la domanda dei clienti e ottimizzare l'efficienza operativa.
Le opportunità di mercato includono oltre 100.000 moto taxi registrati in Perù e più di 300.000 nuove motociclette elettriche a tre e due ruote aggiunte annualmente in Sud America.
U Power (UCAR) ha anunciado el lanzamiento comercial de su tecnología de intercambio de baterías UOTTA en Perú a través de una asociación con Treep Mobility Group S.A.C., un operador líder de Moto Taxis. La empresa ha completado con éxito una implementación piloto que incluye 2 estaciones de intercambio de baterías, 1 vehículo de tres ruedas y 10 vehículos eléctricos de dos ruedas.
Tras el exitoso piloto, Treep Mobility planea convertir su flota tradicional alimentada por combustible al modelo de intercambio de baterías de UOTTA, con pedidos esperados que superan los 1 millón de dólares estadounidenses. La solución ofrece una reducción de costos operativos del 30-40% en comparación con los vehículos de combustible. El sistema de UOTTA integra tecnología de IA a través de su plataforma en la nube y el sistema de control de estaciones para predecir la demanda de los clientes y optimizar la eficiencia operativa.
La oportunidad de mercado incluye más de 100,000 Moto Taxis registrados en Perú y más de 300,000 nuevas motocicletas eléctricas de tres y dos ruedas que se añaden anualmente en América del Sur.
U Power (UCAR)는 Treep Mobility Group S.A.C.와의 협력을 통해 페루에서 UOTTA 배터리 교환 기술의 상업 출시에 대해 발표했습니다. 이는 선도적인 오토바이 택시 운영업체입니다. 이 회사는 2개의 배터리 교환 스테이션, 1대의 삼륜차, 10대의 이륜 전기차를 포함하는 파일럿 배포를 성공적으로 완료했습니다.
파일럿이 성공적으로 진행된 후, Treep Mobility는 전통적인 연료 차량을 UOTTA의 배터리 교환 모델로 전환할 계획이며, 예상 주문은 100만 달러 이상에 이를 것으로 보입니다. 이 솔루션은 연료 차량에 비해 운영 비용을 30-40% 줄여줍니다. UOTTA의 시스템은 고객 수요를 예측하고 운영 효율성을 최적화하기 위해 클라우드 플랫폼과 스테이션 제어 시스템을 통해 AI 기술을 통합합니다.
시장 기회에는 페루에 등록된 10만 대 이상의 오토바이 택시와 매년 남미에 추가되는 30만 대 이상의 새로운 전기 삼륜 및 이륜 오토바이가 포함됩니다.
U Power (UCAR) a annoncé le lancement commercial de sa technologie d'échange de batteries UOTTA au Pérou grâce à un partenariat avec Treep Mobility Group S.A.C., un opérateur de Moto Taxi de premier plan. L'entreprise a réussi à mener à bien une phase pilote comprenant 2 stations d'échange de batteries, 1 véhicule à trois roues et 10 véhicules électriques à deux roues.
Suite à cette phase pilote réussie, Treep Mobility prévoit de convertir sa flotte traditionnelle alimentée par carburant au modèle d'échange de batteries de UOTTA, avec des commandes prévues dépassant 1 million de dollars américains. La solution permet de réduire les coûts d'exploitation de 30 à 40 % par rapport aux véhicules à carburant. Le système UOTTA intègre une technologie d'IA via sa plateforme cloud et son système de contrôle des stations pour prédire la demande des clients et optimiser l'efficacité opérationnelle.
Les opportunités de marché incluent plus de 100 000 Moto Taxis enregistrés au Pérou et plus de 300 000 nouvelles motos et tricycles électriques ajoutés chaque année en Amérique du Sud.
U Power (UCAR) hat die kommerzielle Einführung seiner UOTTA-Batteriewechseltechnologie in Peru in Partnerschaft mit Treep Mobility Group S.A.C., einem führenden Betreiber von Moto Taxis, bekannt gegeben. Das Unternehmen hat erfolgreich eine Pilotphase mit 2 Batteriewechselstationen, 1 Dreirad und 10 zweirädrigen Elektrofahrzeugen abgeschlossen.
Nach dem erfolgreichen Pilotprojekt plant Treep Mobility, seine traditionelle benzinbetriebene Flotte auf das Batteriewechselsystem von UOTTA umzustellen, wobei voraussichtliche Bestellungen über 1 Million US-Dollar liegen sollen. Die Lösung bietet 30-40% geringere Betriebskosten im Vergleich zu Fahrzeugen mit Kraftstoff. Das System von UOTTA integriert KI-Technologie über seine Cloud-Plattform und das Stationskontrollsystem, um die Kundennachfrage vorherzusagen und die betriebliche Effizienz zu optimieren.
Die Marktchance umfasst über 100.000 registrierte Moto Taxis in Peru und jährlich mehr als 300.000 neue elektrische Dreiräder und zweirädrige Motorräder in Südamerika.
- Secured first commercial contract in Peru with orders expected to exceed US$1 million
- Solution demonstrates 30-40% operating cost reduction compared to fuel vehicles
- Successfully completed pilot deployment with 2 stations and 11 vehicles
- Large market opportunity with 100,000+ registered Moto Taxis in Peru
- Initial deployment scale is relatively small (only 11 vehicles)
- Revenue from announced orders not yet realized
Insights
U Power's strategic entry into Peru's Moto Taxi market represents a modest but potentially significant first step into the South American EV infrastructure space. The initial deployment, while small in scale with just 2 stations and 11 vehicles, serves as a important proof-of-concept in a market with over 100,000 registered Moto Taxis in Peru alone.
The projected
However, investors should consider several critical factors:
- The company's ability to scale infrastructure rapidly in a new market with different regulatory and operational challenges
- Working capital requirements for expanding the battery-swapping network
- Competition from other EV charging solutions and potential local competitors
- The company's current financial position and ability to fund expansion
The integration of AI technology for demand prediction and operational optimization could provide a competitive edge, but successful execution and widespread adoption will be important for meaningful revenue impact. Given U Power's micro-cap status and early stage of market entry, this development represents a promising but still speculative business opportunity.
- UOTTA Two-Wheeler and Three-Wheeler Battery Swapping Solutions Selected by Treep Mobility Group S.A.C.-
U Power has successfully completed the pilot deployment in
Treep Mobility strongly endorses UOTTA's shared battery-swapping model, recognizing its ability to maintain operational hours and revenue when transitioning from traditional fuel vehicles to electric vehicles, while reducing operating costs by 30
The UOTTA solution integrates AI technology through its cloud platform and station control system, effectively predicting customer demand and optimizing charging and swapping efficiency to enhance overall operational efficiency. The AI technology also provides targeted solutions based on operational data analysis of vehicles and swapping stations.
"The Moto Taxi market represents an enormous opportunity in
About U Power Limited
U Power Limited is a vehicle sourcing services provider, with a vision to becoming an EV market player primarily focused on its proprietary battery-swapping technology, or UOTTA technology, which is an intelligent modular battery-swapping technology designed to provide a comprehensive battery power solution for EVs. Since its operation in 2013, the Company has established a vehicle sourcing network in
Forward-Looking Statements
This press release contains "forward-looking statements". Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "could," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "propose," "potential," "continue" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the
Contact
U Power Limited
Investor Relations Department
Email: ir@upincar.com
Robin Yang, Partner
ICR, LLC
Email: UPower.IR@icrinc.com
Phone: +1 (212) 475-0415
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SOURCE U Power Limited
FAQ
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