<ul data-eligibleForWebStory="false"><li>Chinese EV battery swapping stations provider U Power has installed the first of 55 smart battery swapping stations in Hong Kong as part of its plan.</li><li>U Power aims to create a battery-swap ecosystem to support the transition of Hong Kong's taxis, buses, and ferries to electric vehicles.</li><li>The company's UOTTA system offers automatic and cost-efficient battery swapping services, enabling the electrification of taxis.</li><li>U Power plans to introduce a Web3-based Battery Token for drivers to earn cryptocurrency tokens with each battery swap and expand its power-swap model globally.</li></ul>

U Power plans to install 55 battery-swapping stations for Hong Kong taxis

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