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 7,327 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 7 articles about UCAR published over the past 30 days
Neutral
PRNewsWire
2 days ago
U Power Partners with Shandong Hi-Speed New Energy Group and BOCOM International to Scale Battery-Swapping in Hong Kong and Accelerate International Expansion
Exploring Similar Cooperation Models for Other Regions Including Thailand and Portugal SHANGHAI , July 30, 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 ™ electric vehicle (EV) battery-swapping technology, today announced that it has signed a Memorandum of Understanding ("MOU") with Shandong Hi-Speed New Energy Group Limited (HKEX: 1250) ("SHNE"), a company that engages in development, construction and management of photovoltaic power, wind power, and clean heat supply services, and BOCOM International (HKEX:3329) ("BOCOM"), an investment holding company that provides securities brokerage, investment loans, asset management and advisory services, to jointly establish a commercial EV battery-swapping ecosystem in Hong Kong. The parties plan to gradually explore similar cooperation models beyond Hong Kong SAR, including Thailand and Portugal.
Neutral
PRNewsWire
1 week ago
U Power Announces Pricing of $1.4 Million Registered Direct Offering
SHANGHAI , July 24, 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 that it has entered into a securities purchase agreement with a single institutional investor (the "Investor") to sell 551,628 Class A ordinary shares (or pre-funded warrants in lieu thereof) of the Company's in a registered direct offering. In a concurrent private placement, the Company also agreed to issue and sell to the Investor warrants to purchase up to 551,628 Class A ordinary shares.
Neutral
PRNewsWire
1 week ago
U Power Announces Strategic Partnership with IoTeX to Accelerate Expansion of Web 3.0 AI-Powered Energy and Transportation System Solutions
IoTex to Purchase U Power-Issued Real-World Assets (RWAs) Backed by Corporate Bonds SHANGHAI , July 23, 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 UOTTATM electric vehicle (EV) battery-swapping technology, today announced the signing of a Memorandum of Understanding and Business Cooperation Agreement (the "Strategic Partnership") with IoTeX, a pioneering blockchain platform focused on transforming machine-generated data into collective intelligence for AI. As per the terms of the Strategic Partnership, IoTex will purchase Real-World Assets (RWAs), issued by U Power and backed by corporate bonds.
Neutral
PRNewsWire
1 week ago
U Power Inaugurates Southeast Asia's First Operational AI-Integrated Battery-Swapping Station
Building a Global Data-Driven Energy Ecosystem Via Partnerships Aiming to Create a Smarter, Greener, and More Efficient Energy Future SHANGHAI , July 21, 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 UOTTATM electric vehicle (EV) battery-swapping technology, today announced the inauguration of Southeast Asia's first operational smart battery-swapping station (the "Thailand Station"), located in Phuket Island, Thailand. The commencement of operations at the Thailand Station follows U Power's May 2025 delivery of Southeast Asia's first battery-swapping compatible taxi fleet.
Neutral
PRNewsWire
3 weeks 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
3 weeks 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 month 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 month 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
1 month 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
1 month 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.
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