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U Power forms joint venture with Guofuhee, Cloud Digital for Thailand data centers

PUBT·04/27/2026 13:09:23
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U Power forms joint venture with Guofuhee, Cloud Digital for Thailand data centers
  • U Power signed agreement with Guofu Hydrogen Energy (Hong Kong) Development and Cloud Digital Chain to form U Power-controlled joint venture focused on AI-driven energy management for intelligent data centers, starting in Thailand.
  • Partnership expands U Power into hydrogen energy services, targeting new revenue streams beyond battery swapping.
  • Parties plan to fund incorporation of one or more Hong Kong subsidiaries by July 31, 2026.
  • Joint venture targets operations within 90 days of incorporation.
  • Thailand intelligent data center market valued at USD 1.45 billion in 2025, projected to reach USD 6.3 billion by 2031.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. U Power Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN44065) on April 27, 2026, and is solely responsible for the information contained therein.