Market ExpansionUCAR aims to capitalize on China’s expanding electric vehicle (EV) market, which is the largest in the world.
Revenue Growth StrategyUCAR plans to expand its network of battery swapping stations and pursue a vehicle-as-a-service model, targeting recurring revenue from battery leasing and energy services once the stations are deployed.
Technological AdvantageUCAR’s control over its battery cell supply chain, combined with its proprietary battery-swapping technology and ability to adapt third-party EVs to its platform, positions UCAR to capture part of China’s rapidly expanding EV market.