U Power, SAIC-Hongyan, and UNEX EV Partner to Deploy Electric Heavy Trucks in Thailand and Beyond

U Power, a provider of AI-powered solutions for energy grids and transportation systems, has partnered with SAIC Hongyan and UNEX EV to deploy battery-swapping compatible electric heavy trucks in Thailand and explore expansion in other markets. The three parties aim to address the demand for green and sustainable transportation solutions in the logistics industry, with plans to deploy 3,000 electric heavy-duty tractors and 1,200 electric heavy-duty port-specific short-distance trucks in Thailand.

U Power Limited, a provider of AI-powered solutions for energy grids and transportation systems, has announced a strategic partnership with SAIC Hongyan Automotive Co., Ltd and UNEX EV B.V. to deploy battery-swapping compatible electric heavy trucks in Thailand. This initiative aims to address the demand for green and sustainable transportation solutions in the logistics industry [1].

The partnership, which includes a Memorandum of Understanding (MOU), involves the deployment of 3,000 electric heavy-duty tractors for long-haul transportation and 1,200 electric heavy-duty port-specific short-distance trucks in Thailand. The collaboration also explores expansion opportunities in additional markets, including Southeast Asia, Latin America, Europe, Hong Kong SAR, and Macau SAR [1].

Under the MOU, U Power will lead the development and manufacture of compatible battery-swapping stations and provide related operational services. UNEX EV will adapt SAIC Hongyan heavy trucks into battery-swapping enabled vehicles, develop compatible battery modules, and promote the sales of these heavy trucks in the Thailand market. SAIC Hongyan will supply heavy truck prototypes and provide the necessary technical support to ensure full compatibility between the adapted truck models and U Power's smart battery-swapping stations [1].

Pitak Pruittisarikorn, CEO of UNEX EV, commented, "We are excited to deepen our collaboration with U Power and SAIC Hongyan to bring cutting-edge, battery-swapping compatible heavy-duty EV solutions to Thailand's commercial transportation sector. This strategic partnership reflects our shared commitment to accelerating the global shift toward zero-emission logistics" [1].

Ms. Xiong, General Manager of Overseas Sales at SAIC Hongyan, added, "Partnering with U Power and UNEX EV allows us to bring our robust heavy truck platforms into a new era of electrification and intelligent mobility. Through compatibility with battery-swapping technology, we aim to deliver operational flexibility and enhanced efficiency to fleet operators in Thailand's long-haul and port logistics industries" [1].

Johnny Lee, CEO and Chairman of U Power, stated, "We are pleased to expand our strategic partnership and scope of collaboration with SAIC and UNEX EV, two of U Power's key allies in the development and manufacturing of battery-swapping compatible vehicles. Together, we identified a growing demand for sustainable transportation solutions within Thailand's logistic industry. We believe our combined expertise positions us well to capitalize on this opportunity, enhance our presence in the Thailand market and further drive growth as we continue to build a battery-swapping ecosystem here" [1].

References:
[1] https://www.prnewswire.com/news-releases/u-power-announces-strategic-partnership-with-saic-hongyan-and-unex-ev-to-deploy-battery-swapping-compatible-heavy-trucks-in-thailand-and-beyond-302531498.html