U Power collaborates with Beijing Foton for battery swapping in global markets
The partnership aims to develop battery-swapping EVs and stations, enhancing U Power's market reach and ecosystem
U Power Ltd., a provider of electric vehicle battery-swapping solutions, announced the signing of a memorandum of understanding with Beijing Foton International Trade Co. Ltd., a subsidiary of Foton Motor, to jointly promote battery-swapping-compatible electric heavy trucks, buses and vans in Southeast Asia, South America, Hong Kong and Macau markets.
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