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DCA Opens Today to Strengthen Asia’s Data Centre Network

HONG KONG, July 21, 2025 /PRNewswire/ — Data Center Asia (DCA) debuts today at AsiaWorld-Expo, Hong Kong, marking the exciting launch of a new force in the APAC data center landscape. Built on the proven success of the Data Center World event in the United States, DCA brings global expertise to Asia while tailoring the experience to meet the needs of regional markets. Starting with its flagship edition in Hong Kong — the gateway to Greater China and Northeast Asia — the series will move on to Jakarta and Kuala Lumpur in Southeast Asia, creating a truly connected platform for Asia’s data center ecosystem.

All-in-One Solution Showcase and Knowledge Hub

The inaugural edition brings together over 200 brands from across China, Singapore, Japan, the United States and beyond. Exhibits span the full spectrum of data center infrastructure — from power and cooling technologies, modular designs, network equipment to security solutions, cloud and virtualization technologies, DCIM and sustainability practices. A standout feature is the MATRADE Pavilion, showcasing cutting-edge digital innovations from some of Malaysia’s leading technology companies.

Serving as both an exhibition and an industry think tank, the expo presents five summits and forums over the three days, exploring 12 key themes such as AI, sustainability, cybersecurity, computing advancements and more. More than 100 global thought leaders, researchers and analysts lead curated sessions developed with our content partners, delivering data-driven insights to inform real-world decisions.

Omdia Leads the AI Dialogue at DCA 2025

As a key brand under Informa Markets’ TechTarget portfolio, Omdia is a trusted research and advisory group in the global tech industry. Serving clients across 180 countries, Omdia draws on vast datasets to support technology innovation from R&D to return on investment.

Omdia Analyst Summit — a premier event within the US exhibition — returned as an exclusive full-day conference at DCA 2025. Centered on the theme “Where is AI Really Headed?”, the summit guided in-depth discussions on AI’s role in transforming data centers by 2030, with data-backed insights on how AI optimize cooling systems and accelerate demand for alternative energy solutions.

Forum Spotlights Carbon-Neutral Initiatives

The concurrent track presents the Sustainability Forum, which delved into strategies for achieving carbon neutrality in data centers. The opening keynote by Pritesh Swamy, Head of Data Centre Research & Advisory, Asia Pacific, Cushman & Wakefield, outlined investment opportunities in the data centers across Asia Pacific, driven by ESG performance & energy efficiency. Another key session featured association leaders from Malaysia, Singapore and the Philippines, offering long-term data center design strategies tailored to Southeast Asia.

Unlock Targeted Insights Across Sectors

DCA offered a rich line-up of events over the rest two days, all providing specialized insights and focused learnings to attendees. The Deep Knowledge Summit, co-hosted with Deep Knowledge Community and E7 Research, featured keynote speakers including Yin Jianxiong, Solution Architect and Director of Nvidia-SEA Joint Lab and Zhang Peng CTO, SLiquid Global and Jung-hyup Kang, President of Korea Data Center Council to explore integration of AI and green technologies in data center architecture and operations.

The Cybersecurity Ecosystem Forum, co-hosted with ISC2 Shanghai Chapter, addresses cybersecurity challenges in the AI era including data privacy, skills gaps, cross-border data flows and zero-trust security. Featured speakers include Judy Saw, President of Digital Defence Alliance Singapore (DDAS); Patrick Wong, Partner of Cybersecurity and Privacy of PwC and Ricky Chau, Chief Strategy & Customer Officer of CBC Tech.

The Design & Operations Summit examined data center construction and management, from site selection to design, construction and operations. Poh Seng Lee, Head of Mechanical Engineering and Professor of Thermal Systems at the National University of Singapore, leaded discussions on building AI-ready data centers and Wei Lulu, Deputy General Manager of Data to Cool (DTC) offered the latest innovations on liquid cooling technology.

Connected Intelligence at DCA 2025

DCA took place under the license of Build4Asia, Asia’s premier platform for building, electrical engineering and security solutions, alongside Mobility Tech Asia and the Battery Show Asia. This collaboration offered a comprehensive perspective on data innovation and application, bringing together IDC experts, EPC contractors, data center infrastructure manufacturers, distributors, end users and more for valuable cross-sector exchange.

As Asia’s only event of its kind, DCA delivered a complete data center experience through top-tier exhibits, thought-leading conferences and tailored networking. Industry professionals can engage with advanced technologies, uncover practical insights, and establish high-value partnerships — all within one single platform that offers regional focus with global ambition.

DCA is open to trade professionals and media only and visitors must be aged 18 or above. Registering for DCA provides entry to the full line-up of co-located events.

For snapshots of Data Centre Asia Hong Kong, please visit:
https://informa-markets.gump.gg/album/build4asia-data-center-asia

About Informa Markets

Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world’s leading exhibitions organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.

Sahm Capital Ignites Financial Ambition in University Students with “Investing 101” Masterclass

Interactive lecture empowers the next generation of Saudi investors with practical tools, confidence, and real-time trading activation


RIYADH, SAUDI ARABIA – Media OutReach Newswire – 21 July 2025 – Sahm Capital empowered Alfaisal University students through its on-campus masterclass, “Investing 101: How to Start Trading & Build Wealth Intelligently.” Led by Huma Ejaz, Vice President of Advisory and Asset Management, the two-hour session delivered practical, engaging financial education aligned with Sahm Capital’s mission to cultivate a financially literate generation of Saudi investors.

The lecture combined foundational investing principles with live demonstrations and real-world insights into Saudi Arabia’s capital market. Students explored essential topics including asset classes, how to open and manage a trading account locally, and the habits of disciplined, long-term investors. The interactive Q&A segment invited students to raise individual concerns, demonstrating their eagerness to understand and apply the knowledge in real life.

The session was further enriched by a gamified quiz covering core concepts such as risk, markets, and investing behavior. Top-performing students were celebrated with exclusive Sahm Capital gift boxes, while dozens of attendees activated their Sahm accounts on-site with support from the company’s team. Participating students received Sahm-branded gift bags to mark the beginning of their investing journey.

The event was met with enthusiastic feedback from students, with one participant commenting “Learning directly from an expert showed me how to start building wealth today—I never thought investing could be this approachable.” Another shared, “This gave me clarity, confidence, and real tools. I’m opening my first trading account with Sahm.”

“Seeing this level of engagement is exactly why we invest in education,” said Huma Ejaz. “We replaced hesitation with hands-on experience. These students didn’t just learn—they acted.”

This initiative is part of Sahm Capital’s broader strategy to foster investor readiness and financial literacy among young Saudis. By delivering engaging workshops, digital resources, and on-ground activation, Sahm Capital actively supports the goals of Vision 2030—cultivating a generation of disciplined, confident investors ready to participate in the Kingdom’s capital market.

Hashtag: #SahmCapital #CMA#Tadawul




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

Sahm Capital

Sahm Capital, registered in Riyadh, holds full regulatory licenses from the Capital Market Authority (CMA) to provide Dealing, Advising, Custody, Arranging, and Managing Investments and Operating Funds Activities in the Securities Business services (license no. 22251-25). As the first fintech-driven financial company to achieve full CMA licensing, Sahm Capital has established itself as the fastest-growing member of the Saudi Exchange, leveraging proprietary technology and innovative financial solutions to deliver seamless, one-stop financial services. For more information, visit: www.sahmcapital.com

Sahm Capital Ignites Financial Ambition in University Students with “Investing 101” Masterclass

Interactive lecture empowers the next generation of Saudi investors with practical tools, confidence, and real-time trading activation


RIYADH, SAUDI ARABIA – Media OutReach Newswire – 21 July 2025 – Sahm Capital empowered Alfaisal University students through its on-campus masterclass, “Investing 101: How to Start Trading & Build Wealth Intelligently.” Led by Huma Ejaz, Vice President of Advisory and Asset Management, the two-hour session delivered practical, engaging financial education aligned with Sahm Capital’s mission to cultivate a financially literate generation of Saudi investors.

The lecture combined foundational investing principles with live demonstrations and real-world insights into Saudi Arabia’s capital market. Students explored essential topics including asset classes, how to open and manage a trading account locally, and the habits of disciplined, long-term investors. The interactive Q&A segment invited students to raise individual concerns, demonstrating their eagerness to understand and apply the knowledge in real life.

The session was further enriched by a gamified quiz covering core concepts such as risk, markets, and investing behavior. Top-performing students were celebrated with exclusive Sahm Capital gift boxes, while dozens of attendees activated their Sahm accounts on-site with support from the company’s team. Participating students received Sahm-branded gift bags to mark the beginning of their investing journey.

The event was met with enthusiastic feedback from students, with one participant commenting “Learning directly from an expert showed me how to start building wealth today—I never thought investing could be this approachable.” Another shared, “This gave me clarity, confidence, and real tools. I’m opening my first trading account with Sahm.”

“Seeing this level of engagement is exactly why we invest in education,” said Huma Ejaz. “We replaced hesitation with hands-on experience. These students didn’t just learn—they acted.”

This initiative is part of Sahm Capital’s broader strategy to foster investor readiness and financial literacy among young Saudis. By delivering engaging workshops, digital resources, and on-ground activation, Sahm Capital actively supports the goals of Vision 2030—cultivating a generation of disciplined, confident investors ready to participate in the Kingdom’s capital market.

Hashtag: #SahmCapital #CMA#Tadawul




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

Sahm Capital

Sahm Capital, registered in Riyadh, holds full regulatory licenses from the Capital Market Authority (CMA) to provide Dealing, Advising, Custody, Arranging, and Managing Investments and Operating Funds Activities in the Securities Business services (license no. 22251-25). As the first fintech-driven financial company to achieve full CMA licensing, Sahm Capital has established itself as the fastest-growing member of the Saudi Exchange, leveraging proprietary technology and innovative financial solutions to deliver seamless, one-stop financial services. For more information, visit: www.sahmcapital.com

uSMART Opens Singapore’s First Physical Fintech Brokerage Branch at Robinson Road

Bringing innovative, commission-free investing services closer to investors in Singapore

SINGAPORE, July 21, 2025 /PRNewswire/ — uSMART Securities (Singapore) Pte. Ltd. (“uSMART SG”), a leading fintech brokerage platform, proudly announces the grand opening of its first physical branch in Singapore, located at Robinson Road. This marks a significant milestone, as uSMART SG becomes the first fintech brokerage to establish an on-the-ground presence in the city-state.

Inside Singapore’s first physical fintech brokerage branch – uSMART at 50 Robinson Road
Inside Singapore’s first physical fintech brokerage branch – uSMART at 50 Robinson Road

Backed by strategic investor Chow Tai Fook Holding and recognised as the No. 1 Hong Kong-funded fintech brokerage, uSMART SG is licensed and regulated by the Monetary Authority of Singapore (MAS). The new branch bridges the digital and physical — giving investors access to face-to-face guidance, hands-on experience with uSMART’s trading tools, and lifetime zero commission trading on U.S. stocks, ETFs, and options.

Beyond that, uSMART SG offers a wide range of global investment products, including Singapore, Hong Kong SAR, U.K., and Japan stocks, as well as Contracts-for-Difference (CFDs) that offer exposure to foreign exchange, gold, and futures. Investors can also access money market funds (MMFs) and structured products such as fixed coupon notes (FCNs), enabling diversified strategies across asset classes and geographies.

“Congratulations to uSMART on the opening of your first physical branch in Singapore,” said Anand Francis, Senior Investment Strategist at Infinity Financial Advisory. “uSMART has been an effective partner to Infinity — together we’ve been able to customise and ring-fence solutions that give our clients greater flexibility and access to global investment opportunities. We look forward to continued collaboration as uSMART brings innovation even closer to the investing community.”

“We are excited to open our doors at Robinson Road, bringing our digital-first investment solutions directly to investors in Singapore,” said Alfred Kwok, Head of Marketing at uSMART SG. “Our branch combines the convenience of fintech with the trust and familiarity of personal service — empowering investors to grow their portfolios confidently, while offering more value-added services tailored to their needs.”

To celebrate Singapore’s 60th birthday, uSMART SG has also launched a limited-time SG60 promotion, offering 12% p.a.* interest for 60 days through its Money Market Fund. Both new and existing clients who deposit S$2,000 and subscribe to the fund will enjoy this exclusive rate on their first S$2,000.

Key highlights of the new branch:

  • Location: 50 Robinson Road #01-02, Singapore 068882
  • Opening hours: Monday – Sunday, 10:00AM – 7:00PM
  • Expert staff ready to assist with account openings, trading guidance, and product education
  • Exclusive on-site promotions and customer engagement events

Investors interested in visiting can drop by during business hours or contact uSMART SG’s customer service for more information.

*Terms and conditions apply. For more information, visit www.usmart.sg

About uSMART Securities (Singapore) Pte Ltd
uSMART is a fast-growing, award-winning digital trading platform on a mission to make investing simple, smart, and accessible for all. Now in our 7th year globally and 3rd year in Singapore, we serve over 800,000 users across key Asian markets.

Backed by Chow Tai Fook Holding as a strategic investor, uSMART SG combines deep financial expertise with cutting-edge technology to empower everyday investors. In Singapore, we are licensed and regulated by the Monetary Authority of Singapore.

Whether you’re just starting out or scaling your portfolio, uSMART SG equips you with powerful tools, timely market insights, and a seamless app experience.

 

V-Green introduces EV charging station partnership opportunities in the Philippines: Stable Revenue – Zero Risk – Breakthrough Potential


MANILA, PHILIPPINES – Media OutReach Newswire – 21 July 2025 – As Southeast Asia’s electric vehicle (EV) market enters a phase of rapid expansion, V-Green Global Charging Station Development JSC announces the launch of its EV charging station partnership model in the Philippines. This initiative offers landowners and business owners an attractive opportunity to generate stable, long-term income while participating in the growth of the green technology sector. The move marks a strategic milestone in V-Green’s efforts to expand its regional infrastructure footprint and accelerate the development of a comprehensive EV ecosystem.

V-Green charging stations are currently in operation in Vietnam.
V-Green charging stations are currently in operation in Vietnam.

Under this model, V-Green seeks to collaborate with property owners who meet the required site criteria, with no upfront investment required from partners. V-Green will cover the full cost of equipment installation, three-phase electrical connection, and 24/7 operation and maintenance. Partners benefit from a revenue-sharing arrangement, unlocking the potential of underutilized real estate while enjoying reliable returns. With a minimum lease term of five years, the model ensures zero financial risk and no operational burden for participating partners.

V-Green is currently prioritizing locations in Metro Manila, Cebu City, and Davao, with site areas ranging from 30 to 1,000 square meters. Ideal sites are easy to access and recognize, close to three-phase power sources, and have a solid concrete foundation suitable for charger installation.

“We believe that EV charging stations will become a standard feature across all types of real estate developments in the Philippines within the next five years,” said Mr. Luu Viet Hung, CEO of V-Green Philippines. “With our flexible business model and advanced technological platform, V-Green is committed to working hand-in-hand with local partners to deliver smart EV charging infrastructure — a solution that not only enhances property value but also drives the country’s transition toward a greener future.”

In addition to directly investing in its own charging stations, V-Green also plans to introduce a franchise model in the Philippines. This approach, which has already proven successful in Vietnam, enables broader market participation while accelerating network coverage. V-Green currently operates over 150,000 charging ports nationwide in Vietnam through a combination of self-operated and franchised stations. Further details on the franchise opportunity in the Philippines will be announced soon.

Partnering with V-Green is more than just leasing land — it’s an opportunity to become part of a thriving green tech ecosystem. Site owners can maximize existing assets without the need for capital expenditure or technical operations. V-Green takes full responsibility for deployment, maintenance, and operations, ensuring seamless integration and optimized cost-efficiency.

Installing EV charging stations also drives increased customer traffic and dwell time, boosting revenue for adjacent services such as retail, food & beverage, and utilities. Moreover, the presence of a V-Green station enhances the modern, eco-conscious image of the property, offering a clear competitive advantage in a rapidly evolving market where sustainability is increasingly prioritized by consumers.

To explore partnership opportunities with V-Green in the Philippines, please contact: v.vgreen.ph@vgreen.net or Hotline: +63 9524904529 (Mr. Huynh Minh Tuan (Calvin))
Hashtag: #V-Green

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

About V-Green

V-Green Global Charging Station Development JSC is a pioneer in green infrastructure solutions, committed to building a smart, flexible, and user-friendly EV charging ecosystem that supports the global transition to sustainable energy. The company is actively expanding in high-growth regional markets, including Laos, Indonesia, and the Philippines. V-Green offers a wide range of charging products — from home chargers (7.4 kW and 11 kW) to public AC and DC chargers (ranging from 11 kW to 250 kW) — all integrated with intelligent management software and LINK technology for optimized performance and profitability.

Learn more at:

V-Green introduces EV charging station partnership opportunities in the Philippines: Stable Revenue – Zero Risk – Breakthrough Potential


MANILA, PHILIPPINES – Media OutReach Newswire – 21 July 2025 – As Southeast Asia’s electric vehicle (EV) market enters a phase of rapid expansion, V-Green Global Charging Station Development JSC announces the launch of its EV charging station partnership model in the Philippines. This initiative offers landowners and business owners an attractive opportunity to generate stable, long-term income while participating in the growth of the green technology sector. The move marks a strategic milestone in V-Green’s efforts to expand its regional infrastructure footprint and accelerate the development of a comprehensive EV ecosystem.

V-Green charging stations are currently in operation in Vietnam.
V-Green charging stations are currently in operation in Vietnam.

Under this model, V-Green seeks to collaborate with property owners who meet the required site criteria, with no upfront investment required from partners. V-Green will cover the full cost of equipment installation, three-phase electrical connection, and 24/7 operation and maintenance. Partners benefit from a revenue-sharing arrangement, unlocking the potential of underutilized real estate while enjoying reliable returns. With a minimum lease term of five years, the model ensures zero financial risk and no operational burden for participating partners.

V-Green is currently prioritizing locations in Metro Manila, Cebu City, and Davao, with site areas ranging from 30 to 1,000 square meters. Ideal sites are easy to access and recognize, close to three-phase power sources, and have a solid concrete foundation suitable for charger installation.

“We believe that EV charging stations will become a standard feature across all types of real estate developments in the Philippines within the next five years,” said Mr. Luu Viet Hung, CEO of V-Green Philippines. “With our flexible business model and advanced technological platform, V-Green is committed to working hand-in-hand with local partners to deliver smart EV charging infrastructure — a solution that not only enhances property value but also drives the country’s transition toward a greener future.”

In addition to directly investing in its own charging stations, V-Green also plans to introduce a franchise model in the Philippines. This approach, which has already proven successful in Vietnam, enables broader market participation while accelerating network coverage. V-Green currently operates over 150,000 charging ports nationwide in Vietnam through a combination of self-operated and franchised stations. Further details on the franchise opportunity in the Philippines will be announced soon.

Partnering with V-Green is more than just leasing land — it’s an opportunity to become part of a thriving green tech ecosystem. Site owners can maximize existing assets without the need for capital expenditure or technical operations. V-Green takes full responsibility for deployment, maintenance, and operations, ensuring seamless integration and optimized cost-efficiency.

Installing EV charging stations also drives increased customer traffic and dwell time, boosting revenue for adjacent services such as retail, food & beverage, and utilities. Moreover, the presence of a V-Green station enhances the modern, eco-conscious image of the property, offering a clear competitive advantage in a rapidly evolving market where sustainability is increasingly prioritized by consumers.

To explore partnership opportunities with V-Green in the Philippines, please contact: v.vgreen.ph@vgreen.net or Hotline: +63 9524904529 (Mr. Huynh Minh Tuan (Calvin))
Hashtag: #V-Green

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

About V-Green

V-Green Global Charging Station Development JSC is a pioneer in green infrastructure solutions, committed to building a smart, flexible, and user-friendly EV charging ecosystem that supports the global transition to sustainable energy. The company is actively expanding in high-growth regional markets, including Laos, Indonesia, and the Philippines. V-Green offers a wide range of charging products — from home chargers (7.4 kW and 11 kW) to public AC and DC chargers (ranging from 11 kW to 250 kW) — all integrated with intelligent management software and LINK technology for optimized performance and profitability.

Learn more at:

DIVIDEND ALERT: US$0.836 CASH DIVIDEND TO BE DISTRIBUTED ON JULY 25 TO ChipMOS ADS HOLDERS PRE-WITHHOLDING TAX AND FEES

HSINCHU, July 21, 2025 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), announced an US$0.836 cash dividend per ADS (or approximately US$0.640 per ADS after Taiwan’s withholding tax and Citibank, N.A.’s depositary fees) will be distributed on July 25, 2025.

ADS holders are encouraged to check with their securities brokers for receipt of dividend payments. Any questions should be directed to Citibank, N.A.’s Tiffany Ma (Tel: +1-973-461-5734 or tiffany.ma@citi.com).

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.

Forward-Looking Statements

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding tariffs and the imposition of potential new tariffs that affect our products or operations, government policies, global trade environments, pricing, plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) and in the Company’s other filings with the SEC.

Contacts:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

IR@chipmos.com

 

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

 

Southeast Asia’s First Smart Battery Swapping Station Officially Launched: U Power Accelerates EV Ecosystem Across Three Continents

Hong Kong’s first station leads East Asia; Portugal and Peru mark U Power’s entry into Europe and South America


PHUKET, THAILAND – EQS Newswire – 21 July 2025 – U Power Limited (Nasdaq: UCAR) and UNEX EV B.V. (hereinafter “UNEX EV”) today co-hosted the grand inauguration ceremony of Southeast Asia’s first smart battery swapping station for new energy vehicles, held in Phuket, Thailand. This station marks not only the first project launched by the joint venture between U Power and Thai energy conglomerate Susco, but also the first fully operational 24/7 smart battery swapping station in the entire Southeast Asia region. Notably, it is also the first such station globally—outside mainland China—designed specifically for electric taxis and ride-hailing fleets, signaling the scalability and global potential of this forward-looking battery swapping ecosystem for tens of millions of taxis and ride-hailing vehicles worldwide.

upower img1

The ceremony welcomed local government officials, executives from CP Group, SAIC-CP MG, Susco, and guests from Singapore, Indonesia, and Malaysia. Pitak Pruittisarikorn, Global CEO of UNEX EV, delivered a keynote speech on behalf of both organizers, themed “Smart Swap: Powering Southeast Asia’s EV Future”. He noted: “This first smart swapping station in Southeast Asia is powered by U Power’s proprietary UOTTA™ technology, integrating AI-based positioning and modular hardware to enable fully automated battery swaps in just minutes—bringing the vision of autonomous, intelligent mobility into reality.”

Intelligent Infrastructure to Power the Robotaxi Era

U Power’s Smart Swapping Solution Fills the Critical Gap in Autonomous EV Energy Replenishment

The new smart swapping station in Phuket features U Power’s self-developed UOTTA™ battery swapping system, equipped with AI-assisted alignment, high-frequency operation capability, and standardized battery interfaces. The entire process takes only a few minutes and is fully unmanned, enabling seamless, efficient operations. The system supports multiple EV models and is pre-configured for future L4 autonomous driving vehicles, translating the concept of “unattended, automated battery replenishment” into an operational reality—meeting the ultra-fast energy needs of tomorrow’s intelligent transportation networks.

This technology path aligns with global transportation transformation trends. From North America to Asia and the Middle East, leading countries and cities are accelerating the commercialization of autonomous ride-hailing (Robotaxi) services. In the U.S., cities such as Los Angeles, San Francisco, Phoenix, and Austin have launched paid Robotaxi operations, with expansion underway in New York, Atlanta, and beyond. Chinese AV companies have also scaled operations to tens of millions of service orders. Cities like Dubai plan to automate 25% of public transport by 2030.

However, in high-frequency and time-sensitive mobility scenarios, traditional charging methods fall short of meeting the strict efficiency and uptime demands of Robotaxi fleets. In contrast, battery swapping—due to its speed, safety, and ability to operate autonomously—has emerged as the preferred energy solution. Thus, the main bottleneck to Robotaxi scale-up is no longer “driverless driving” but “driverless energy replenishment.”

U Power is solving this critical challenge. By deploying its smart swapping station in Phuket, U Power provides current fleet operators with a safe, efficient, and cost-effective energy solution. Under its strategic framework—”Vehicle-Station-Cloud-Token”—U Power is building a nodal, intelligent, data-driven energy infrastructure network. This system enables deep integration between mobility energy and digital energy trading, paving the way for autonomous vehicles to scale and ushering in a fully automated and unmanned future for global smart mobility.

Market Validation in Thailand: A Closed-Loop Ecosystem for Swappable Taxis

High Praise from Industry and Local Operators

In April 2025, U Power, together with UNEX EV and SAIC-CP MG, delivered its first batch of swappable EVs, which have since been operating as taxis and ride-hailing vehicles in Phuket. This marks the first real-world deployment of an intelligent battery swapping ecosystem in Thailand and Southeast Asia. The official launch of the Phuket station completes the ecosystem loop—from vehicle to swapping station to operational platform—and lays the foundation for a scalable, replicable business model.

Among the first adopters is AUTO Drive, one of Thailand’s largest taxi and ride-hailing operators. CEO Mr. Akaranan shared at the ceremony:

“The UOTTA™-enabled swappable EV fleet we deployed in Phuket has significantly improved operational efficiency. Battery swaps take just minutes, relieving power grid pressure during peak times and saving valuable time for both drivers and vehicles. This project serves as a pilot model for Thailand and ASEAN, offering a sustainable and unmanned energy solution for millions of urban mobility vehicles.”

Mr.Woraphon, President of the Thai Taxi Association, also praised the solution after inspecting the station and test-driving the vehicles:

“This UNEX EV-MG model is the best electric taxi I’ve seen in Thailand to date—spacious, comfortable, and cost-effective. More importantly, it helps drivers save time and money. We’re seriously considering this model when upgrading our 60,000-vehicle fleet to EVs in the future.”

Regional Expansion in Southeast Asia and Beyond:

U Power’s Global Battery Swapping Ecosystem Takes Shape Across Three Continents

Thailand serves as a strategic entry point for U Power in Southeast Asia, with implications far beyond this first station. Back in March, U Power and Susco formed a joint venture to develop a national battery swapping network leveraging Susco’s nearly 1,000 gas stations across Thailand. The JV will deploy UOTTA™-based smart swapping infrastructure for taxis, ride-hailing fleets, buses, and logistics vehicles—supporting Thailand’s green transportation transformation.

Building on Thailand’s success, U Power has launched its “ESP Model” in Singapore. Over the next three years, the ESP program aims to deploy 5,000 swappable EVs and a corresponding number of UOTTA™ stations, while converting 300 existing MG EP taxis into swappable versions.

With Thailand and Singapore as hubs, U Power is rapidly extending its network across Indonesia and Malaysia. Meanwhile, the company’s global ambitions are taking shape:

  • In Hong Kong, the first UOTTA™ smart swapping station opened in June in Kwai Chung, with a three-phase plan to build 55 stations to serve taxis, buses, and even ferries.
  • In Europe, U Power partnered with Portugal’s Taxi Association to launch the joint venture ELMO. At the ANTRAL 50th anniversary event, ELMO also revealed it is in talks with energy giant Galp to establish swapping stations.
  • In South America, U Power will soon launch its first station in Peru, in partnership with local ride-hailing platform Ualabee.

From Asia to Europe and South America, U Power is leveraging its intelligent, standardized, and modular UOTTA™ technology to build a global energy network—empowering the electric mobility transition worldwide.

From Phuket to the World: Reshaping the Global Energy Landscape for EVs

From the launch of its first station in Phuket to the rapid expansion of its regional ecosystem, U Power is transforming Southeast Asia’s EV infrastructure—and redefining global energy replenishment for electric mobility. As intelligent battery swapping stations roll out across countries and continents, U Power will continue collaborating with governments and industry partners to create a smarter, greener, and more efficient energy future.

In this era of autonomous, unmanned mobility, U Power is not merely building energy infrastructure—it is constructing the core network that connects clean energy with intelligent transportation. This growing network is leading the world toward a truly sustainable, zero-emissions mobility future.

Hashtag: #UPower

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

About U Power

U Power Limited (Nasdaq: UCAR), a member of the UPINCAR Group, was founded in 2013 and is a global leader in new energy technologies. Designed for the autonomous and intelligent mobility era, U Power developed the proprietary UOTTA™ smart battery swapping system, featuring high automation, rapid recognition (milliseconds), alignment (seconds), and full battery swap (minutes)—all with minimal human involvement.

In 2023, U Power became the world’s first and only Nasdaq-listed company focused on battery swapping technology, showcasing its maturity and full-stack capabilities in the EV charging and swapping ecosystem.

Driven by its mission to “Enable a Seamless Transition to the Electric Future”, U Power focuses on intelligent swapping tech, distributed energy networks, and Web3-based digital energy solutions. Its “Vehicle-Station-Cloud-Token” ecosystem, powered by proprietary tech and blockchain energy ledger infrastructure, supports multi-scenario deployment across logistics, public transit, and personal mobility.

With a strategic presence in six global regions—Greater China, Southeast Asia, Europe, North and South America, and the Middle East—U Power is the world’s pioneer in merging smart swapping with Web3 energy, delivering long-term value for global green transformation.