U Power Signs Initial Sales Agreement with Treep Mobility for the Purchase and Deployment of Fifty Two- and Three-Wheeled Vehicles, Eight Battery-Swapping Cabinets and Corresponding Number of Compatible Batteries

Accelerating Treep Mobility's Transformation from Fuel-Powered Vehicles to EVs Following Successful Pilot Deployment

SHANGHAI, Sept. 22, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-powered solutions for next-generation energy grids and intelligent transportation systems, building on its proprietary UOTTA^TM electric vehicle (EV) battery-swapping technology, today announced that it has signed an initial sales agreement with Treep Mobility Group S.A.C. ("Treep Mobility"), a leading Moto Taxi operator in Peru. Under the agreements, Treep Mobility will purchase and deploy a total of fifty two- and three-wheeled vehicles, eight battery-swapping cabinets and a corresponding number of compatible batteries, all built on U Power's proprietary UOTTA™ electric vehicle (EV) battery-swapping technology.

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