Business Daily Media

Men's Weekly

.

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

AsiaTokenFund Group Partners with 1MAX.com to Launch Curated Crypto Trading Platform

TORTOLA, BRITISH VIRGIN ISLAND - Media OutReach Newswire - 3 April 2026 - AsiaTokenFund Group today announced a strategic partnership with 1MAX.com to jointly venture and launch a next-generation...

COTODAMA Launches Cotodama Speaker / Box Model in MOON WHITE

Available Now in North America, Europe, Malaysia, Philippines, Singapore, Thailand, Vietnam, Taiwan, and South Korea TOKYO, JAPAN - Media OutReach Newswire - 3 April 2026 - COTODAMA, the brand at ...

Taiwan Returns to ADEX Singapore Dive Expo 2026 to Showcase World-Class Dive Destinations

SINGAPORE - Media OutReach Newswire - 3 April 2026 - As the global dive tourism market continues to grow, Taiwan is actively seizing new opportunities in this dynamic sector. Building on the stron...

Green SM Signs IDR 600 Billion Investment Loan Agreement With BCA

JAKARTA, INDONESIA - Media OutReach Newswire - 3 April 2026 – Green SM Indonesia and Bank Central Asia (BCA) today announced the signing of a five-year investment loan agreement with a total value...

Olympic Champion Gable Steveson Joins 1win as Global Ambassador Ahead of RAF09 Bout

DUBAI, UAE - Media OutReach Newswire - 3 April 2026 - Global brand 1win announced a new partnership with American heavyweight wrestler and Tokyo 2020 Olympic champion Gable Steveson, who joins the...

ASEAN Travel Influencers Check In at Beibu Gulf! This Cultural-Tourism Exchange Is a Hit — "Not-So-Distant Destinations" Are on Fire

NANNING, CHINA - Media OutReach Newswire - 3 April 2026 - Recently, the "Romantic Coast, Beautiful Southern Border" promotion — a new-media cultural and tourism campaign inviting ASEAN travel infl...

Money20/20 Asia Elevates Its 2026 Agenda with the Launch of The Intersection Stage, Featuring the Industry’s Most Influential Voices

Industry Leaders, Regulators, and Innovators to Convene in Bangkok at the Intersection Where Digital Assets and Traditional Banking Enter a New Era of Collaboration BANGKOK, THAILAND - Media OutRe...

Sanya, China Deepens Tourism Ties with Malaysia ​- Exclusive Benefits Launched for Malaysian Tourists, Ushering in a Tropical Island Getaway at a Moment's Notice

SANYA, CHINA - Media OutReach Newswire - 3 April 2026 - As tropical sea breezes blend with Eastern charm, a journey from Malaysia to China's island paradise is now more convenient and exciting tha...

ICONSIAM’s ‘THAICONIC SONGKRAN CELEBRATION 2026’ to Immerse Bangkok with Thailand’s Most Spectacular Water Festival

A UNESCO-Recognized Festival Reimagined Through Immersive Cultural Experiences, Iconic Entertainment, and Thailand’s Most Breathtaking Chao Phraya Riverfront Setting from April 10–15, 2026 BANGKOK...

Malaysia's Leading Luxury Watch & Jewellery Retailer Honoured with Prestigious Royal Warrant

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 5 April 2026 - Swiss Watch, Malaysia's premier luxury timepiece and jewellery curator, has been appointed as the Purveyor of Fine Watches and Jew...

Work-life Balance Key to Solving Construction Talent Shortage

New data from leading talent company Randstad Australia shows flexible working and work-life balance could be critical to addressing ongoing talen...

How to Apply for More Jobs in Less Time Using AI Automation

Most job seekers spend 11 to 14 hours per week on applications and still hear nothing back. That's not a motivation problem. That's a process proble...

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

The narrative around changing attitudes to car ownership has long focused on Gen Z. Younger Australians are often portrayed as the generation movi...

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Launchd, Australia's leading talent-first creator economy group, has acquired WeAreTENZING, one of New Zealand's most respected talent agencies, b...

Time to punch above our weight and stop shadowboxing on AI

Australia prides itself on being an innovation economy. We celebrate startups, talk about productivity, and lean into our reputation for punching ...

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...