Connect with us

Technology

U Power Expands Global Footprint with Strategic Move into Thai Market

Published

on

SHANGHAI, July 3, 2024 /PRNewswire/ — U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive electric EV battery power solution provider in China, today announced that it had signed a Memorandum of Understanding (“MoU”) with Pattaya AI Terminal Co., Ltd. (“Pattaya AI”) to jointly drive the strategic development of green logistics and electric vehicle (“EV”) infrastructure in Thailand.

Combining Pattaya AI’s advantages in logistical solutions with U Power’s proprietary battery-swapping technology, the joint venture will provide electrified solutions for Thailand’s commercial logistics and dedicated passenger transportation markets. U Power will also leverage its expertise to provide commercial EVs compatible with its UOTTA technology and deploy battery swapping and charging stations for commercial EVs in key cities and logistics nodes across Thailand, enhancing logistics chain efficiency. Furthermore, the Parties intend to jointly develop automatic and semi-automatic charging stations compatible with U Power’s vehicles and tailored to the specific needs of the Thai market. During the initial phase of the partnership, U Power will introduce battery swapping technology and compatible EVs. As the partnership matures, U Power intends to locally manufacture battery-swapping commercial vehicles in Thailand. These vehicles will include pickup trucks and light-duty vans for dedicated transportation routes.  

Jia Li, Chairman and CEO of U Power, commented, “We are proud to enter into a strategic partnership with Pattaya AI. This collaboration leverages our expertise in EV battery solutions and Pattaya AI’s capabilities and resources to address emerging opportunities in Thailand’s evolving EV market. By partnering with Pattaya AI, we aim to revolutionize green logistics, enhance Thailand’s electric vehicle infrastructure, and build a solid foundation upon which we can pursue future innovations and deliver sustainable shareholder value.”

About U Power Limited

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: http://ir.upincar.com/.

About Pattaya AI Terminal Co., Ltd.

Pattaya AI, a subsidiary of Pattaya Group, specializes in airport solutions. It provides innovative services using modern information technology to enhance airport development and efficiency. Pattaya AI’s current operations at U-Tapao International Airport in Thailand include the implementation of a Common Use Passenger Processing System (CUPPS) and IPax NG (Local Departure Control System: LDCS). These systems facilitate efficient passenger processing, improve safety, and support domestic and international airlines operating at the airport.

Safe Harbor Statements 

This press release may contain “forward-looking statements”. Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

Contacts

U Power Limited
Investor Relations Department
Email: ir@upincar.com

Robin Yang, Partner
ICR, LLC
Email: UPower.IR@icrinc.com
Phone: +1 (212) 475-0415

View original content to download multimedia:https://www.prnewswire.com/news-releases/u-power-expands-global-footprint-with-strategic-move-into-thai-market-302188771.html

SOURCE U Power Limited

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Blueprint Capital Advisors CEO Jacob Walthour Featured on The New Jersey Business Media Podcast Discusses Access, Capital, and Opportunity for Entrepreneurs

Published

on

By

NEW YORK, June 19, 2026 /PRNewswire/ — Jacob Walthour, founder and CEO of Blueprint Capital Advisors and creator of the Power 100 initiative, appears as a featured guest on The New Jersey Business Media Podcast for a conversation focused on one of the most important — and often misunderstood — drivers of business growth: access.

Walthour’s work spans the intersection of business, capital markets, economic development, policy, and community impact. Through years of advising entrepreneurs, investors, institutions, and underserved communities, he has become a leading voice on how opportunity is created and why access often determines who succeeds.

In this latest podcast episode, Walthour moves beyond headlines and conventional narratives to explore a question that resonates with business owners across industries: Why do some entrepreneurs gain access to capital, relationships, and growth opportunities while others never reach the starting line?

“Most entrepreneurs think access to capital begins when they submit an application or pitch to investors,” said Walthour. “In reality, access starts much earlier, through relationships, visibility, trust, networks, and proximity to opportunity.” Facilitated exposure, he finds, can be the determining factor in whether firms expand their networks, procure new business, and position themselves for continuous growth.

The discussion provides context for the hidden dynamics that shape business outcomes while challenging common assumptions about funding and growth. Walthour shares his insights on:

Why capital flows the way it doesThe role relationships and credibility play in creating opportunityWhat entrepreneurs often misunderstand about accessHow business owners can position themselves to compete regardless of background, industry, or stage of growthThe practical steps entrepreneurs can take to build long-term access and unlock future opportunities

Drawing from experiences across investment management, business development, and economic impact initiatives, Walthour offers a candid perspective on what separates businesses that scale from those that remain overlooked. Oftentimes, the differential is not based on disparities of talent, but rather on which businesses are better versed in the architecture of power.

The episode is designed for entrepreneurs, founders, investors, and business leaders seeking a deeper understanding of how opportunity is created — and how to better position themselves for sustainable growth.

The full episode can be found here and is available on Apple Podcast, Spotify, YouTube, Instagram, TikTok, and LinkedIn.

About Blueprint Capital Advisors
Blueprint Capital Advisors is a strategic advisory and investment firm dedicated to connecting capital with opportunity across venture capital, private markets, and emerging investment platforms.

View original content to download multimedia:https://www.prnewswire.com/news-releases/blueprint-capital-advisors-ceo-jacob-walthour-featured-on-the-new-jersey-business-media-podcast-discusses-access-capital-and-opportunity-for-entrepreneurs-302805440.html

SOURCE Blueprint Capital Advisors

Continue Reading

Technology

In HelloNation, Hair Expert Rachel Swartz McCooey Explains Tape-Ins, Hand-Tied Rows, and Tape Rows for Hair Extensions and Fine Hair Care

Published

on

By

The article outlines how each extension method differs in installation, upkeep, and impact on natural hair health.

ROCHESTER, N.Y., June 19, 2026 /PRNewswire/ — What should you consider when choosing between tape-ins, hand-tied rows, and tape rows? That question is answered in a HelloNation article featuring insights from Rachel Swartz McCooey of Tru On Park in Rochester, New York.

The HelloNation article explains that selecting the right hair extensions depends on hair texture, lifestyle, and hair maintenance preferences. Tape-ins, hand-tied rows, and tape rows are all popular options, yet each method differs in installation, wear time, and daily hair care requirements. Understanding these distinctions helps protect fine hair, maintain hair volume, and support long-term hair health.

According to the article, tape-ins are especially suitable for fine hair because they are lightweight and quick to install. Pre-taped wefts are pressed into sections of natural hair, often allowing the service to be completed in under an hour. The article notes that tape-ins typically require maintenance every four to six weeks, depending on growth and placement. Because they do not rely on heavy sewing or tight braiding, they are considered a lower tension option when professionally applied.

The article also highlights that tape-ins appeal to clients seeking flexibility. They can be removed or reused with professional assistance and are often chosen for temporary or seasonal changes. This method allows clients to add hair volume or length while maintaining a manageable hair maintenance routine at home.

Hand-tied rows, sometimes called weft extensions, are sewn onto tracks created within the natural hair. The HelloNation article explains that this method takes longer to install and requires professional removal. It can provide significant length and fullness, but it is generally better suited for clients with enough density to support the added weight without stressing fine hair.

The article describes hand-tied rows as durable and secure, making them a practical choice for long-term wear. They tend to work well for individuals who frequently heat-style their hair or wear it in updos. Proper hair care is essential, including gentle brushing and avoiding heavy products near the sewn areas to reduce tangling and strain.

Tape rows combine elements of both approaches. The HelloNation article explains that strips are sewn into a row and then reinforced with tape or bonding for added stability. This technique is lighter than full hand-tied rows yet more durable than traditional tape-ins. Tape rows can be installed in multiple rows to increase hair volume while balancing comfort and longevity.

Maintenance for tape rows involves periodic repositioning by a stylist. The article notes that this option is often recommended for clients seeking a middle ground between flexibility and extended wear. It provides structure without requiring the same level of long-term commitment as full hand-tied rows.

The HelloNation article emphasizes that lifestyle plays a key role in choosing the right method. Tape-ins may suit busy schedules due to quicker appointments and simpler upkeep. Hand-tied rows may appeal to those who prefer secure extensions that handle frequent styling. Tape rows offer a balanced solution for clients who want durability along with moderate hair maintenance.

Ultimately, the article underscores that protecting natural hair should remain the priority. Professional placement, consistent salon check-ups, and careful at-home hair care reduce tension and prevent damage. By understanding how tape-ins, hand-tied rows, tape rows, hair extensions, fine hair, hair maintenance, hair volume, and hair care all connect, readers can make informed decisions that align with both style goals and hair health.

Tape-Ins, Hand-Tied Rows, or Tape Rows: Choosing the Best Extension features insights from Rachel Swartz McCooey, Hair Expert of Rochester, New York, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-hair-expert-rachel-swartz-mccooey-explains-tape-ins-hand-tied-rows-and-tape-rows-for-hair-extensions-and-fine-hair-care-302805441.html

SOURCE HelloNation

Continue Reading

Technology

Media Advisory – Minister Hodgson to make nuclear energy announcement

Published

on

By

NEWMARKET, ON, June 19, 2026 /CNW/ – The Honourable Tim Hodgson, Minister of Energy and Natural Resources, will make a significant announcement about Canada’s nuclear energy direction. Media availability will follow.  

Prior to the Minister’s press conference, Government of Canada officials will host an embargoed media technical briefing.

1)  Media Technical Briefing

Event: Virtual (via Zoom)
Date: Monday, June 22, 2026
Time: 11:00 a.m. ET

2)  Press Conference

Event: Hybrid (in person and virtual)
Date: Monday, June 22, 2026
Time: 12:30 p.m. ET

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. Details on how to participate will be provided upon registration.

Embargo Terms

By participating, media understand and agree to the terms of the embargo. The embargo on the documents and information provided will remain in effect until Minister Hodgson starts delivering his remarks at the press conference on June 22, 2026. Participants will not publicly discuss or release the materials or information in any manner until the embargo is lifted.

The technical briefing will be on background only and on a not-for-attribution basis. Should the terms of the embargo be breached, participants and/or their organizations may not be permitted to participate in future Government of Canada embargoed briefings. 

Accessing Embargoed Documents

Participants should contact Media Relations at the Department of Natural Resources Canada at media@nrcan-rncan.gc.ca to receive briefing materials in advance. By receiving materials in advance, participants agree to keep them under embargo until the embargo is lifted, as per above.

Follow Natural Resources Canada on LinkedIn.

SOURCE Natural Resources Canada

Continue Reading

Trending