Business Daily Media

The Times

.

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

Blackwall Enters Vietnam: European Web Traffic Security Firm Launches Southeast Asia Expansion with 19-Year Hosting Partner HostVN

Estonian web traffic security company Blackwall announces its first publicly disclosed Southeast Asia partnership, bringing integrated traffic security to Vietnam's digital infrastructure market th...

Blending Heritage and Innovation, China's Shangcheng District Hums with Dynamic Vitality

HANGZHOU, CHINA - Media OutReach Newswire - 23 June 2026 - On June 1, the Google Cross-border E-commerce Acceleration Center announced its upcoming settlement in Shangcheng District, Hangzhou City...

NAMAA Emerges from Stealth with 150 Facilities and a Long-Term Commitment to Middle East Food Infrastructure

Part of the wider ATOMS Group, NAMAA steps out of stealth to share the scale of its food infrastructure portfolio and outline its long-term commitment to building the systems that power F&B ac...

Sow Fertility's Medical Advisor Prof. Liona Poon Honoured as a JESSICA Most Successful Woman 2026

HONG KONG SAR - Media OutReach Newswire - 23 June 2026 - Sow Fertility, a Hong Kong-based fertility and family-building benefits platform, congratulates its Medical Advisor, Professor Liona Poon...

Hong Kong unlocks new opportunities with Central Asia

HONG KONG SAR - Media OutReach Newswire - 23 June 2026 - Led by Chief Executive of the Hong Kong Special Administrative Region (HKSAR), John Lee, a high-level delegation visit to Kazakhstan and Uz...

HK Government’s Talent Admission Schemes Accelerate Demand in International Education Market: For You Education Reveals 3 Keys to Bridging IB and International Curricula for Children of TTPS Holders

Simultaneous Launch of the New Fo Tan Campus: Introducing One-Stop Academic Consulting and Private Candidate Programs, Championing an “Individualized Teaching” Tutoring Philosophy to Solve the “Tra...

TrendAI™ Named Trusted Partner in the OpenAI Daybreak Cyber Partner Program

One of the first cybersecurity vendors selected as OpenAI expands Daybreak from internal testing to a curated group of trusted defendersHONG KONG SAR - Media OutReach Newswire – 23 June 2026 - Tr...

OR Sets 2030 Sustainability Goals Amid Global Energy Transition, Targeting Inclusive Growth for People, Planet, and Performance

BANGKOK, THAILAND - Media OutReach Newswire - 23 June 2026 - PTT Oil and Retail Business Public Company Limited (OR), Thailand's leading energy and lifestyle retail operator, has announced its OR ...

Nervotec Launches NervoScan MCP, Giving AI Assistants a Real-World Health Signal From a 10-Second Face Scan

Singapore health AI company introduces a contactless wellness tool that lets MCP-compatible AI assistants sense a person's everyday vital signs from a single 10-second face scan.SINGAPORE - Media ...

Thailand Launches FastPass Program, Unlocking USD 21 billion in Strategic High-Tech Investment

BANGKOK, THAILAND - Media OutReach Newswire - 23 June 2026 - Prime Minister Anutin Charnvirakul formally launched Thailand FastPass at Government House, mobilizing over USD 21 billion (approximate...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...