UCAR
U Power LtdUCAR
UCAR
About: U Power Ltd is involved in the provision of vehicle sourcing services. It is principally engaged in the provision of new energy vehicles development and sales; battery swapping stations manufacturing and sales; battery swapping services, and sourcing services. The company, as a broker, engaged in sales of vehicles between automobile wholesalers and buyers, including small and medium-sized vehicle dealers and individual customers located in lower-tier cities in China.
Employees: 80
0
Funds holding %
of 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
2,495% more capital invested
Capital invested by funds: $9.79K [Q4 2024] → $254K (+$244K) [Q1 2025]
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
33% more funds holding
Funds holding: 3 [Q4 2024] → 4 (+1) [Q1 2025]
2.5% more ownership
Funds ownership: 0.04% [Q4 2024] → 2.54% (+2.5%) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for UCAR.
Financial journalist opinion
Based on 6 articles about UCAR published over the past 30 days
Neutral
PRNewsWire
2 days ago
U Power Signs an MOU with NV Gotion to Supply Swapping-Enabled EV Batteries and Develop Battery-Bank Solutions for Thailand and the Broader ASEAN Markets
SHANGHAI , July 9, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of comprehensive electric vehicle ("EV") battery-swapping solutions on track of becoming a smart energy grid solutions provider, today announced the signing of a Memorandum of Understanding (the "MOU") with NV Gotion Co., LTD ("NV Gotion"), a globally recognized leader in new energy battery manufacturing, to deploy swapping-enabled EV batteries, and develop battery-bank solutions for compatible EVs in Thailand and the broader Southeast Asia region. Specifically, pursuant to the MOU, both parties will establish a strategic partnership to jointly develop battery modules and packs for a variety of EVs including two- and three-wheelers, pickup trucks, vans, light-duty trucks, as well as heavy-duty trucks and establish a battery-swapping infrastructure in Thailand.
Neutral
PRNewsWire
4 days ago
U Power Enters Singapore Market with the Signing of Its Second Electric Service Provider ("ESP") Agreement
U Power and its Partners to Deploy UOTTA Smart Battery-Swapping Stations and Facilitate the Sale of Compatible Passenger and Commercial EVs in Singapore SHANGHAI , July 7, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of comprehensive electric vehicle ("EV") battery-swapping solutions on track of becoming a smart energy grid solutions provider, today announced the signing of another Electric Service Provider ("ESP") agreement to facilitate the deployment of its UOTTA battery-swapping stations and the sale of compatible EVs in Singapore. This new ESP agreement which represents U Power's official entry into the Singapore market, follows the signing of the Company's first ever ESP agreement in Macau in June 2025.
Neutral
PRNewsWire
1 week ago
U Power Announces Signing of MOU with Beijing Foton to Jointly Promote Battery-Swapping Compatible Electric Heavy Trucks, Buses, and Vans
Agreement Targets Southeast Asia, South America, Hong Kong SAR and Macau SAR Markets SHANGHAI , July 2, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of comprehensive electric vehicle ("EV") battery-swapping solutions with a vision of becoming a smart energy grid solutions provider, today announced the signing of a Memorandum of Understanding (the "MOU") with Beijing Foton International Trade Co., Ltd. ("Beijing Foton"), a wholly-owned subsidiary of Beijing Foton Motor Co., Ltd.
Neutral
PRNewsWire
1 week ago
U Power Enters Macau Market; Signs of Its First Electric Service Provider ("ESP") Agreement in Macau
ESP Agreement to Facilitate the Deployment of UOTTA Battery-Swapping Stations and Sales of Four-Wheeled and Two-Wheeled Battery-Swapping Vehicles SHANGHAI , June 30, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of comprehensive electric vehicle ("EV") battery-swapping solutions with a vision of becoming a smart energy grid solutions provider, today announced the signing of its first agreement with an Electric Service Provider (the "ESP") in Macau, aiming to facilitate the deployment and operation of U Power's UOTTA battery-swapping stations and cabinets, as well as the sale of compatible electric vehicles (EVs). Pursuant to the agreement, the local ESP will be responsible for the installation and maintenance of U Power's UOTTA smart battery-swapping stations and cabinets in Macau.
Neutral
PRNewsWire
2 weeks ago
U Power Announces Official Entry into Web 3.0, Ushering in the Next Era of Battery Swapping Solutions
Transforming EVs Into Dynamic Energy Assets Using Web 3.0 Blockchain and Token-Based Economics SHANGHAI , June 25, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of comprehensive electric vehicle ("EV") battery-swapping solutions with a vision of becoming a smart energy grid solutions provider, today announced the launch of its innovative Battery-Bank initiative and the development of a Battery-Token solution, using Web 3.0 blockchain and token-based economics. The launch of Battery-Bank and Battery-Token strategy was announced by U Power's strategic investor, Mr.
Neutral
PRNewsWire
2 weeks ago
U Power Announces Plan to Install 55 Smart Battery-Swapping Stations in Hong Kong Aiming to Create a Zero-Carbon EV Charging Ecosystem
Inaugurates Hong Kong's First Smart Battery-Swapping Station, A Zero-Carbon Station, to be Connected to a Battery-Bank Introduces Battery-Token an Innovative Solution Using Web 3.0 Blockchain and Token-Based Economics SHANGHAI , June 24, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of comprehensive electric vehicle ("EV") battery-swapping solutions with a vision of becoming a smart energy grid solutions provider, today announced that on June 20, 2025 it hosted an inauguration ceremony of its first operational demonstration smart battery-swapping station for EVs in Kwai Chung area in Hong Kong. This station marks Hong Kong's first smart battery-swapping station, a zero-carbon swapping station, to be connected to a Battery-Bank.
Neutral
PRNewsWire
1 month ago
U Power Provides Business Update and Outlines Key Objectives for 2025 and Beyond
Investing in Next-Generation Technologies with a Goal of Becoming a Smart Energy Grid Solutions Provider SHANGHAI , June 10, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of comprehensive electric vehicle ("EV") battery-swapping solutions with a vision of becoming a smart energy grid solutions provider, today provides an update of recent business developments, strategic partnerships and outlines its key growth initiatives for 2025 and beyond. Recent Business Developments - Expanded our client base and domestic footprint: Our proprietary UOTTA-powered battery-swapping stations and related solutions continued to gain traction.
Neutral
PRNewsWire
1 month ago
U Power Limited Receives "Beyond Impact Award" at the 5th BEYOND International Technology Innovation Expo in Macau
Beyond Impact Award recognizes companies with substantial contributions to the environment, society, economy, and technology, aligning with the UN's Sustainable Development Goals SHANGHAI , May 27, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of comprehensive electric vehicle (EV) battery-swapping solutions with a vision of becoming a smart energy grid solutions provider, today announced that it has received the Beyond Impact Award at the 5th BEYOND International Technology Innovation Expo (the "BEYOND Expo"), held from May 21-24, 2025 in Macau. The BEYOND Expo is Asia's largest gathering of cutting-edge technology companies and the world's foremost tech leaders and pioneering minds under the theme "Empowering Asia, Bridging the World.
Neutral
PRNewsWire
1 month ago
U Power Limited Announces Filing of 2024 Annual Report with the U.S. Securities and Exchange Commission
SHANGHAI , May 15, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), through its operating subsidiaries, is a vehicle sourcing services provider with a vision to becoming a comprehensive electric vehicle (EV) battery power solution provider in China, today announces that, on May 15, 2025, the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 ("Form 20-F"), with the U.S. Securities and Exchange Commission (the "SEC"). 2024 Financial Highlights The Company achieved revenue growth of 124% year-over-year in fiscal 2024 to RMB44.29 million (US$6.16 million).
Neutral
PRNewsWire
2 months ago
U Power Limited (NASDAQ:UCAR) Partners with Sumitomo Mitsui to Deliver Southeast Asia's First Battery-Swapping Taxi Fleet in Phuket
PHUKET, Thailand , May 5, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR), a global leader in a global leader in green smart energy grid innovation, announced that its Thai subsidiary, USWAP Co., Ltd., has successfully delivered 21 battery-swapping-enabled MG EP vehicles to Auto Drive EV Public Company Limited, a leading mobility service provider in Thailand, through a strategic partnership with Sumitomo Mitsui Auto Leasing & Service (Thailand) Co., Ltd.
Charts implemented using Lightweight Charts™