U Power shares surge 78.30% intraday after producing first 30 battery-swapping heavy electric trucks for Thailand, marking key Southeast Asia expansion step.

U Power surged 78.30% intraday, driven by the completion of its first 30 heavy electric trucks for Thailand’s market, set for delivery in May 2026 as part of its Southeast Asia expansion strategy. The vehicles passed full operational testing and battery swap system integration, with the company collaborating with Whale Logistics to deploy up to 1,000 battery-swappable trucks in Thailand over three years. U Power specializes in AI-integrated solutions for next-generation energy grids and smart transportation, focusing on battery swap technology, EV production, and intelligent ecosystem development.