U Power Strengthens Battery Swapping Solutions, Achieves 153.5% Revenue Growth in 2023
U Power Strengthens Battery Swapping Solutions, Achieves 153.5% Revenue Growth in 2023
SHANGHAI, May 20, 2024 /PRNewswire/ -- In the 20-F released by U POWER LIMITED last week, key financial data showed significant growth, with a 153.5% increase in sales revenue and a rise in gross profit margin from 34.1% to 61.6%. This indicates substantial development in the company's new energy vehicle charging and swapping business, as well as related vehicle sales.
上海，2024年5月20日 /PRNewswire/ — 在U POWER LIMITED上週發佈的20-F中，關鍵財務數據顯示出顯著增長，銷售收入增長了153.5％，毛利率從34.1％上升至61.6％。這表明該公司的新能源汽車充換業務以及相關汽車銷售取得了長足的發展。
Electric vehicles are poised to become the dominant force in transportation, impacting both traditional automotive powerhouses and emerging markets. Globally, electric vehicle sales exceeded 13 million units in 2023, representing a 35% increase from 2022, with one-third of these vehicles utilized in commercial transportation for passengers and freight. U Power's UOTTA battery swapping solution specifically targets this market, providing customers with more convenient charging experiences and improved economics through a variety of swapping solutions that are compatible with commercial electric vehicles.
電動汽車有望成爲交通領域的主導力量，影響傳統汽車強國和新興市場。2023年全球電動汽車銷量超過1300萬輛，比2022年增長35％，其中三分之一用於商業客運和貨運。U Power 的 UOTTA 電池交換解決方案專門針對該市場，通過與商用電動汽車兼容的各種交換解決方案，爲客戶提供更便捷的充電體驗和更高的經濟性。
U Power's UOTTA ecosystem achieved industry-leading full product coverage for commercial vehicles in 2023. This coverage spans a wide range of vehicles from long-haul buses to light passenger vehicles, and container tractors to small trucks. U Power offers customized solutions tailored to specific customer needs.
U Power 的 UOTTA 生態系統在 2023 年實現了業界領先的商用車全產品覆蓋。該涵蓋範圍廣泛的車輛，從長途巴士到輕型乘用車，從集裝箱拖拉機到小型卡車。U Power 提供針對特定客戶需求量身定製的定製解決方案。
After achieving sales growth in the Chinese market, U Power is now actively expanding into international markets. The Company has engaged in negotiations regarding collaborations with major freight companies, taxi companies, airports, and other commercial vehicle customers in Europe, North America, and Southeast Asia. The Company will provide customized products and services, utilizing U Power's UOTTA facilities and compatible electric vehicles for its partners' transportation operations. Simultaneously, U Power has successfully commercialized its battery swapping solutions, allowing customers to choose swapping modes without concern for performance degradation, environmental impact, or safety issues.
在中國市場實現銷售增長之後，U Power現在正在積極向國際市場擴張。該公司已與歐洲、北美和東南亞的主要貨運公司、出租車公司、機場和其他商用車客戶就合作進行談判。該公司將利用U Power的UOTA設施和兼容的電動汽車爲其合作伙伴的運輸業務提供定製產品和服務。同時，U Power已成功將其電池交換解決方案商業化，允許客戶選擇交換模式，而不必擔心性能下降、環境影響或安全問題。
Jia Li, Chairman and CEO of U Power, commented, "I am delighted to report solid financial results for 2023. Strong increases in our revenues and gross margin indicate that the company's battery swapping solutions for electric transportation hold significant promise and have the potential to generate sustainable profits. In the commercial transportation sector, the most crucial aspect of replacing internal combustion engine vehicles with electric vehicles is the stability and completeness of the supporting infrastructure. The UOTTA charging and swapping ecosystem seamlessly integrates vehicles and charging modes, enabling efficient network management through a cloud platform and delivering tangible benefits to users. Following successful market validation in 2023, I am confident in our future prospects. I firmly believe that our UOTTA charging and swapping ecosystem will capture a larger market share in the rapidly expanding global electric transportation market."
U Power董事長兼首席執行官賈麗評論說：“我很高興報告2023年穩健的財務業績。我們的收入和毛利率的強勁增長表明，該公司的電動交通電池更換解決方案前景光明，並有可能創造可持續的利潤。在商業運輸領域，用電動汽車取代內燃機車輛的最關鍵方面是支持基礎設施的穩定性和完整性。UOTTA 充電和交換生態系統無縫集成了車輛和充電模式，通過雲平台實現了高效的網絡管理，併爲用戶帶來切實的好處。繼2023年成功進行市場驗證之後，我對我們的未來前景充滿信心。我堅信，我們的UOTTA充電和交換生態系統將在快速擴張的全球電動交通市場中佔據更大的市場份額。”
About U Power Limited
關於 U Power Limit
U Power Limited is a vehicle sourcing services provider, with a vision to becoming an EV market player primarily focused on its proprietary battery-swapping technology, or UOTTA technology, which is an intelligent modular battery-swapping technology designed to provide a comprehensive battery power solution for EVs. Since its operation in 2013, the Company has established a vehicle sourcing network in China's lower-tier cities. The Company has developed two types of battery-swapping stations for compatible EVs and is operating one manufacturing factory in Zibo City, Shandong Province, China. For more information, please visit the Company's website:
U Power Limited是一家汽車採購服務提供商，其願景是成爲電動汽車市場參與者，主要專注於其專有的電池交換技術或UOTTA技術，這是一種智能模塊化電池交換技術，旨在爲電動汽車提供全面的電池電源解決方案。自2013年運營以來，該公司已在中國低線城市建立了汽車採購網絡。該公司已爲兼容的電動汽車開發了兩種類型的電池交換站，並在中國山東省淄博市運營一家制造工廠。欲了解更多信息，請訪問公司網站：
SOURCE U Power limited
來源 U Power Limited
譯文內容由第三人軟體翻譯。