LISBON, Portugal, April 15, 2025 /PRNewswire/ — U POWER LIMITED, a global leader in green smart energy grid innovation, together with its ELMO joint venture partner ANTRAL, unveiled transformative plans to redefine urban mobility at ANTRAL’s 50th Anniversary & XVI Taxi Day, held from April 10 to 13, 2025, at the Lisbon Congress Center.

**Accelerating Portugal’s Transition to Zero-Emission Transport**
The event marked a significant milestone in Portugal’s journey towards a more sustainable future, with ELMO’s innovative battery-swapping technology poised to revolutionize urban mobility. This cutting-edge solution, tailored for taxi fleets, combines strategic infrastructure partnerships and scalable solutions to accelerate the adoption of electric vehicles. The initiative centers on deploying UOTTA rapid-swap stations, capable of completing full battery exchanges in mere minutes. This breakthrough addresses critical downtime challenges in commercial fleets, enabling drivers to maximize productivity while reducing reliance on traditional charging infrastructure. **A Four-Day Showcase of Innovation and Sustainability**
ELMO participated in a dedicated exhibition focused on digital transformation and innovation in the taxi sector, collaborating with leading manufacturers, tech providers, financial institutions, insurers, and specialized service companies. The event highlighted ELMO’s mission to drive decarbonization, digitalization, and safety in urban transport, showcasing its pivotal role as a catalyst for sustainable mobility solutions. The exhibition showcased ELMO’s commitment to innovation, with a focus on integrating battery-swapping technology into existing service stations. This strategic partnership with Galp, Portugal’s leading energy provider, aims to expand the reach of UOTTA stations nationwide. **Revolutionizing Taxi Operations with Speed and Efficiency**
ELMO’s strategy prioritizes the rollout of 150–200 battery-swapping electric vehicles designed exclusively for taxi operators. These vehicles are designed to maximize efficiency and minimize downtime, enabling drivers to provide a faster and more reliable service to passengers. The UOTTA rapid-swap stations will be equipped with advanced technology, allowing for fast and secure battery swaps. This technology will enable drivers to complete full battery exchanges in under 2 minutes, reducing downtime and increasing productivity. **Leadership Perspectives: A Vision for the Future**
Florêncio de Almeida, President of ANTRAL, emphasized the project’s transformative potential: “ELMO is poised to redefine the EV market by prioritizing speed and practicality. Imagine replacing a battery faster than refueling a gasoline vehicle—this is the future we’re delivering.”
Johnny Lee, CEO of U Power Limited, underscored the partnership’s global implications: “By merging U POWER’s technical expertise with ANTRAL’s market leadership, ELMO isn’t just advancing Portugal’s green agenda—it’s setting a blueprint for cities worldwide. Our UOTTA technology proves that sustainability and efficiency can coexist, even in high-demand sectors like taxis.”
**About ELMO: A Visionary Joint Venture**
ELMO is a joint venture by ANTRAL and Energy U Limited (A subsidiary of U POWER Limited), accelerating Portugal’s transition to sustainable mobility through electric vehicle innovation and smart infrastructure. ELMO is dedicated to driving decarbonization, digitalization, and safety in urban transport, showcasing its pivotal role as a catalyst for sustainable mobility solutions. **About ANTRAL: Celebrating 50 Years of Innovation and Sustainability**
ANTRAL (Associação Nacional dos Transportes Rodoviários em Automóveis Ligeiros) is Portugal’s leading advocate for road transport innovation, sustainability, and driver welfare. Established in 1974, the organization has played a pivotal role in shaping Portugal’s mobility policies, advocating for driver rights, and promoting sustainable transport solutions. **About U Power Limited: A Global Leader in EV Innovation**
U Power Limited (Nasdaq: UCAR) is a vehicle sourcing services provider with a vision to become an EV market player primarily focused on its proprietary battery-swapping technology, UOTTA technology. UOTTA is an intelligent modular battery-swapping solution designed to provide comprehensive battery power solutions for EVs. Since its inception in 2013, U Power has established a vehicle sourcing network in China’s lower-tier cities, developed multi-types of battery-swapping stations for compatible EVs, and operates a manufacturing facility in Zibo City, Shandong Province, China. For more information, please visit: https://www.upower-limited.com/
**Forward-Looking Statements**
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