U Power Limited (UCAR)

NASDAQ: UCAR · Real-Time Price · USD
2.940
-0.070 (-2.33%)
May 29, 2025, 4:00 PM - Market closed
-2.33%
Market Cap 11.84M
Revenue (ttm) 6.07M
Net Income (ttm) -6.57M
Shares Out 4.03M
EPS (ttm) -2.30
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,397
Open 2.933
Previous Close 3.010
Day's Range 2.790 - 3.040
52-Week Range 2.300 - 9.434
Beta 0.57
Analysts n/a
Price Target n/a
Earnings Date Jun 10, 2025

About UCAR

U Power Limited, together with its subsidiaries, develops, manufactures, and sells new energy vehicles and battery swapping stations primarily in the People’s Republic of China and Thailand. It also offers battery swapping and sourcing, as well as technical and consultation services. The company was founded in 2013 and is based in Wuhu, the People’s Republic of China. [Read more]

IPO Date Apr 20, 2023
Employees 77
Stock Exchange NASDAQ
Ticker Symbol UCAR
Full Company Profile

Financial Performance

In 2024, U Power's revenue was 44.29 million, an increase of 124.09% compared to the previous year's 19.76 million. Losses were -47.92 million, 147.8% more than in 2023.

Financial numbers in CNY Financial Statements

News

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, 20...

2 days ago - PRNewsWire

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 becomi...

14 days ago - PRNewsWire

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., ...

24 days ago - PRNewsWire

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 p...

6 weeks ago - PRNewsWire

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 successf...

7 weeks ago - PRNewsWire

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 batte...

2 months ago - PRNewsWire

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 "C...

4 months ago - PRNewsWire

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 (N...

4 months ago - PRNewsWire

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 so...

4 months ago - PRNewsWire

U Power Accelerates EV Adoption in Portugal with Customized UOTTA Battery-swapping Stations

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 so...

4 months ago - PRNewsWire

U Power Announces Pricing of $5.0 Million Registered Direct Offering

SHANGHAI , Jan. 24, 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 so...

4 months ago - PRNewsWire

U Power Limited Commences Commercial Operations in Peru with UOTTA Battery-Swapping Technology

- UOTTA Two-Wheeler and Three-Wheeler Battery Swapping Solutions Selected by Treep Mobility Group S.A.C.- SHANGHAI , Jan. 23, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U P...

4 months ago - PRNewsWire

U Power Limited Expands European Presence with UOTTA Technology Implementation in Portugal

-Energy U Limited, Subsidiary of U Power, Forms Joint Venture to Deploy Battery Swapping Solutions- SHANGHAI , Jan. 6, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"),...

5 months ago - PRNewsWire

U Power and Ualabee Join Forces to Bring Innovative Battery-Swapping Solutions to South America's Ride-Hailing Market

Strategic Partnership Aims to Revolutionize South American Ride-Hailing SHANGHAI , Oct. 21, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) ("U Power" or "the Company"), a vehicle sourcing service...

7 months ago - PRNewsWire

U Power Announces First Half of 2024 Financial Results

SHANGHAI , Oct. 8, 2024 /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 sol...

8 months ago - PRNewsWire

U Power and Velo Labs Collaborate to Establish Asset Fund Trading Platform for Battery Banks

SHANGHAI, Aug. 5, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive electric EV battery p...

10 months ago - PRNewsWire

U Power Expands Global Footprint with Strategic Move into Thai Market

SHANGHAI , July 3, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive electric EV battery ...

11 months ago - PRNewsWire

UOTTA Technology to Be Adopted by a Portuguese National Taxi Association to Drive Decarbonization and Electric Mobility

SHANGHAI , June 5, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive electric EV battery ...

1 year ago - PRNewsWire

U Power Limited Announces Follow-on Purchase Order of Battery Swapping Station by Major Taxi Operator in Jilin, China

SHANGHAI , June 3, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive electric EV battery ...

1 year ago - PRNewsWire

U Power Announces Filing of 2023 Annual Report with the SEC

SHANGHAI , May 16, 2024  /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive electric EV battery...

1 year ago - PRNewsWire

U Power Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement

SHANGHAI , April 24, 2024 /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 s...

1 year ago - PRNewsWire

U Power To Launch Commercial Operation for its EV Battery Swapping System

SHANGHAI , April 8, 2024 /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 so...

1 year ago - PRNewsWire

U Power Limited Announces 1-for-100 Share Consolidation

SHANGHAI , March 29, 2024 /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 s...

1 year ago - PRNewsWire

U Power Limited Enters into a Memorandum of Understanding with Durapower Holdings Pte Ltd.

SHANGHAI , Feb. 23, 2024 /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 so...

1 year ago - PRNewsWire

U Power Limited Receives Nasdaq Delisting Notification and Intends to Appeal

SHANGHAI , Feb. 20, 2024 /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 so...

1 year ago - PRNewsWire