Business Daily Media

Times Advertising

.

U POWER Tech unveils tech and business model at ACT EXPO; forges partnerships with multiple North American enterprises

LAS VEGAS, USA - Media OutReach Newswire - 22 May 2024 - On May 20th, U POWER Tech, a smart electric vehicle (EV) technology company, made its debut at the Advanced Clean Transportation (ACT) Expo in the United States, announcing a collaboration with VIZEON, an electric vehicle distributor, to expand into North America, with the focus on Mexico and Latin American markets.

The ACT Expo is North America's largest event showcasing advanced transportation technologies and clean energy vehicles. Following its appearance at CES 2024 earlier this year, U POWER Tech returned to the Las Vegas Convention Center, showcasing the UP Super Board and UP VAN to nearly ten thousand industry professionals from around the world.

Yao Zhai, Head of U POWER Tech U.S., and Christian Dubois, CEO of VIZEON
Yao Zhai, Head of U POWER Tech U.S., and Christian Dubois, CEO of VIZEON

Paul Li, Founder and CEO of U POWER Tech, expressed gratitude to VIZEON for their trust in U POWER. He stated, "The swift receipt of the initial purchase deposits underscores VIZEON's strong endorsement of U POWER's business model. This model has attracted an increasing number of customers from diverse regional markets to engage in substantive cooperation with us. Moving forward, we are fully committed to ensuring the high-quality delivery of UP VAN."

Christian Dubois, CEO of VIZEON, stated, "Thanks to the business model 'Powered by U POWER', we will leverage the UP VAN to introduce highly competitive VIZEON commercial vehicles to the Mexican market."

With the expansion of the "GLOCAL" strategy, U POWER Tech has delivered UP Super Board skateboard chassis products to U.S. customers. The first vehicle product built on this skateboard chassis, the "UP VAN" urban logistics cargo van, boasts the highest energy efficiency and optimal load efficiency among comparable global products. It has received 140,000 orders worldwide and will begin delivery in the second half of this year.

Leveraging a highly competitive supply chain, particularly from China, and advanced in-house R&D capacity, U POWER Tech helps customers build white-labeled EV products to meet diverse needs from many regional markets worldwide. Yao Zhai, Head of U POWER U.S., stated, "The standardized UP Super Board aligns with the highly customized product demands. Not only did we collaborate with EV startups like Olympian Motors earlier this year, the feedbacks from the unfitting communities here in North America have also been particularly positive. Based in Sunnyvale California, we will work hand in hand with local partners to continuously enhance product capabilities and create electric vehicle products that better suit U.S. customers."


U POWER Tech's booth featuring UP Super Board and UP VAN at ACT EXPO 2024
U POWER Tech's booth featuring UP Super Board and UP VAN at ACT EXPO 2024

Hashtag: #UPOWERTech #EV #Skateboard #SkateboardChassis #UPVAN #PoweredbyUPOWER #ACTEXPO



The issuer is solely responsible for the content of this announcement.

U POWER Tech

U POWER Tech is an innovative electric vehicle (EV) technology company dedicated to creating vehicles tailored for various scenarios, and it leads the way in skateboard chassis technology. By offering the ultimate standardized UP Super Board and white-label complete vehicle products, U POWER Tech significantly shortens the vehicle development cycle, empowering all scenario owners to achieve freedom in vehicle creation. It is leading the intelligent electric vehicle industry from the profit-less 1.0 era to the profit-maximizing 2.0 era.

Established simultaneously in Shanghai and Silicon Valley in early 2021, U POWER Tech brings together top-tier teams and talents from traditional OEMs, new auto players, internet technology companies, and experts from both Eastern and Western cultures. As an inherently global company, U POWER Tech is deepening its "GLOCAL" development strategy: by integrating the world's most comprehensive and the most competitive electric vehicle supply chains through skateboard chassis, it enables scenario owners worldwide to build vehicles locally at a faster pace and lower cost.

At the 2024 CES in the United States, U POWER Tech delivered the first batch of skateboard chassis products, the U POWER Super Board, to emerging electric vehicle manufacturers in the United States. U POWER Tech has also signed cooperation agreements with electric vehicle and energy companies in Japan, the Southeast Asia, and Europe, aiming to gradually introduce "Powered by U POWER" electric vehicle skateboard chassis, complete vehicle products, and corresponding energy services in multiple regional markets globally, empowering local businesses to undergo comprehensive electrification transformation.

The skateboard chassis developed by U POWER Tech combines green technology and AI technology. The UP Super Board integrates core functions related to electric vehicle driving through physical decoupling of the upper body and lower chassis and split development. It combines U POWER Tech's independently developed chassis domain controller and automotive supercomputing platform to provide software and hardware support for autonomous driving algorithms. Starting from commercial logistics scenarios, the first complete vehicle product, the U POWER UP VAN, has received 140,000 orders from markets including North America, Japan, Southeast Asia, Europe, and China. Mass production testing has been completed, and deliveries will commence in mid-year. Subsequently, U POWER Tech will also focus on providing SUVs and pickups to users for the ultimate scenario experience.

U POWER Tech has received successive investments from top-dollar funds such as ZhenFund and Matrix Partners, as well as automotive industry funds like Bosch's BOYUAN Capital.

News from Asia

Sangfor Technologies Leads Next-Generation VMware Alternatives Conversation at Executive Forum 2026 in Bangkok

BANGKOK, THAILAND - Media OutReach Newswire - 18 May 2026 - Sangfor Technologies successfully hosted the Sangfor Executive Forum 2026 in Bangkok, bringing together CIOs, IT leaders, and cybersecur...

The 2026 VinFuture Prize Receives More Than 1,800 Nominations as Its Global Nomination Network Expands Fourteenfold After Six Years

At the close of the nomination period for the 2026 season, the VinFuture Prize, a global science and technology prize recorded 1,819 nominations from around the world, supported by a network of mo...

Amplexd Therapeutics Initiates Phase 2 Clinical Trial of Investigational EGCg-Based HPV Therapy

HONG KONG SAR - Media OutReach Newswire - 19 May 2026 - Amplexd Therapeutics, Inc. ("Amplexd"), a U.S.-based clinical-stage biotechnology company focused on women's health and underserved therapeu...

Qing Dynasty Imperial Chef Descendant Anthony Lai Adopts Exotica Umami EX M Sauce

Reveals Four Breakthrough Benefits During Testing in Texture, Umami and Kokumi HONG KONG SAR - Media OutReach Newswire - 19 May 2026 - Exotica Umami (EX M), the revolutionary multifunctional cooki...

RAM hosts Hong Kong investor briefing as New Zealand’s Active Investor Plus Visa attracts growing global interest

HONG KONG SAR - Media OutReach Newswire - 19 May 2026 - Real Asset Management (RAM) has hosted an exclusive Active Investor Plus investor briefing at its Hong Kong office, bringing together distri...

Construction in Asia Pacific Region Remains Resilient as Insurers Emphasize Risk Governance, Aon Report

Investments in digital infrastructure reshaping construction risks SINGAPORE - Media OutReach Newswire - 19 May 2026 - Aon plc (NYSE: AON), a leading global professional services firm, today rele...

Hong Kong Artist Joins Bupa Global Campaign Highlighting Powerful Link Between Creativity and Health

New research commissioned by Bupa highlights how creative activities like art can help people process and share health experiences, with 85% agreeing creativity can support mental and physi...

Bridging Global Markets: Cathay Cargo Redefines Cold Chain Excellence via Hong Kong’s Strategic Nexus

HONG KONG SAR - Media OutReach Newswire - 19 May 2026 - In the rapidly evolving logistics landscape of 2026, precision and speed define the ultimate prerequisites for high-value essentials. Levera...

The World’s #1 Bestselling Robotic Window Cleaner: ECOVACS WINBOT Restores Crystal-Clear Views with Ease

SINGAPORE - Media OutReach Newswire - 19 May 2026 - The ECOVACS WINBOT is the world's #1 bestselling robotic window cleaner, according to data from global market intelligence firm IDC...

Thailand’s SUBCON Expo Hits $705 Million in Parts Trade as Global Manufacturers Seek New Suppliers

BANGKOK, THAILAND - Media OutReach Newswire - 19 May 2026 - SUBCON Thailand — ASEAN's largest industrial sourcing expo — closed its 20th edition with an estimated USD 705.5 million in parts trade ...

Fraud Prevention and security crucial as identity crime hits record highs in Australia

In a radically transformed risk landscape where the scale and speed of financial fraud have reached unprecedented levels, Australian businesses ar...

Sectorial ATO Tax Debt Disclosures Rise, Overall Business Credit Demand Flattens and High-Risk SME 'Credit Shopping' hits 8-month peak

Q1 2026 Equifax Business Market Pulse shows low-risk borrowers consolidate demand enquiries while sub-prime entities accelerate shopping activity ...

SME support in Federal Budget falls short of easing business pressures

“The Federal Budget delivered several measures aimed at supporting small businesses, including making the instant asset write-off permanent, exten...

Bunji dog treats to hit Ritchies shelves

Cooee Native Superfoods’ Bunji range of dog kibble and treats is rolling out across Ritchies Supermarkets now, with stock already on shelves in se...

Pre-Budget Expectations

“Australian corporates and SMBs are under pressure. Competition from global players is intensifying, margins are under strain, and technology adop...

“Time is running out to get Payday ready,” Brighter Super urges

Superannuation fund Brighter Super is encouraging business owners to prepare now for Payday Super, ahead of the new laws taking effect from 1 July...