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 7,296 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
Neutral
PRNewsWire
5 days 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
2 weeks 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
1 month 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.
Neutral
PRNewsWire
2 months ago
U POWER LIMITED (NASDAQ:UCAR) and ELMO Joint Venture Pioneer Rapid Battery-Swapping Solutions for Portugal's Taxi Sector
LISBON, Portugal , April 15, 2025 /PRNewswire/ -- U POWER LIMITED, a global leader in green smart energy grid innovation, together with its ELMO joint venture partner ANTRAL, unveiled transformative plans to redefine urban mobility at ANTRAL's 50th Anniversary & XVI Taxi Day, held from April 10 to 13, 2025, at the Lisbon Congress Center. Focused on accelerating Portugal's transition to zero-emission transport, the initiative centers on deploying cutting-edge battery-swapping technology tailored for taxi fleets, backed by strategic infrastructure partnerships and scalable solutions.
Neutral
PRNewsWire
2 months ago
U Power Limited (NASDAQ:UCAR) Conducts Southeast Asia's First Public Demonstration of Battery Swap Station at 2025 Bangkok Motor Show
SHANGHAI , April 8, 2025 /PRNewswire/ -- U Power Limited (NASDAQ:UCAR), a next-generation green smart energy grid innovator, marked a significant milestone in Southeast Asian expansion with a successful outdoor exhibition of its UOTTA battery swap station during the 2025 Bangkok International Motor Show. The cutting-edge infrastructure demonstration attracted widespread industry attention, drawing participation from key partners including SUSCO (Susco Public Company Limited), industry leaders, and over 80 accredited Thai media organizations.
Neutral
PRNewsWire
2 months ago
U Power Limited (Nasdaq: UCAR) Announces Landmark Joint Venture with SUSCO, Targeting Thailand's Multi-Billion EV Infrastructure Boom
Strategic Partnership to Address Rapid EV Growth Driven by Government Policy Changes in Thailand SHANGHAI , March 24, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR), a world leader in rapid battery swapping technology for EV's, ("U Power" or the "Company") announced today that it has signed a joint venture agreement between its Thai subsidiary, U SWAP, and SUSCO Public Company Limited (BK: SUSCO), a publicly listed energy provider with a robust network of fueling stations throughout Thailand. The joint venture will deploy U Power's innovative UOTTA battery-swapping technology across SUSCO's extensive station network, significantly advancing sustainable transportation solutions in the country.
Neutral
PRNewsWire
4 months ago
U Power Expands Presence in Thailand through Collaboration with SAIC-Motor CP
Cooperation agreement will see U Power's battery-swapping technology applied to SAIC Motor-CP's Thai MG brand of vehicles SHANGHAI , Feb. 3, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it has signed a cooperation agreement with SAIC Motor-CP Co. Ltd. ("SAIC Motor-CP"), a joint venture company of Chinese automotive industry group CP Group and Thai industry conglomerate CP Group, to integrate U Power's battery-swapping technology into the company's MG brand of vehicles for sale in Thailand.
Neutral
PRNewsWire
4 months ago
U Power and Ezzy Transporter Establish Joint Venture to Bring UOTTA Battery-Swapping Solutions to Thailand
Joint venture will facilitate customized production and sales of battery swapping vehicles to take advantage of Thailand's booming EV market SHANGHAI , Jan. 29, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it has signed a cooperation agreement with Ezzy Transporter (Thailand) Company Limited ("Ezzy Transporter") to establish Greendrive Tech Co. Ltd., ("Greendrive" or the "Joint Venture"), a joint venture company dedicated to the market expansion and sale of electric vehicles in Thailand.
Neutral
PRNewsWire
4 months ago
U Power Announces Closing of $5.0 Million Registered Direct Offering and Concurrent Private Placement
SHANGHAI , Jan. 27, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced the closing of its previously announced registered direct offering and concurrent private placement with certain institutional investors for the purchase and sale of i) 648,000 Class A ordinary shares (the "Class A Ordinary Shares") of the Company, par value $0.00001 per share (the "Shares"), ii) Pre-funded Warrants to purchase up to 393,668 Class A Ordinary Shares in the registered direct offering (the "Pre-funded Warrants"), and iii) warrants to purchase up to 1,562,502 Class A Ordinary Shares in the concurrent private placement (the "Common Warrants") at a combined offering price for each Class A ordinary share and accompanying Common Warrant of $4.80. The Pre-funded Warrants are exercisable immediately and at any time until all of the Pre-funded Warrants are fully exercised, at an exercise price of $0.0001 per Class A Ordinary Share.
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