U Power Limited (UCAR)

NASDAQ: UCAR · Real-Time Price · USD
2.380
+1.829 (331.63%)
At close: Apr 8, 2026, 4:00 PM EDT
2.870
+0.490 (20.59%)
After-hours: Apr 8, 2026, 7:04 PM EDT
Market Cap2.70M -76.2%
Revenue (ttm)6.82M +57.2%
Net Income-6.48M
EPS-20.42
Shares Out 1.13M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume315,467,124
Open0.877
Previous Close0.551
Day's Range0.856 - 2.390
52-Week Range0.380 - 49.800
Beta2.43
AnalystsStrong Buy
Price Target50.00 (+1,992.05%)
Earnings DateMay 14, 2026

About UCAR

U Power Limited, together with its subsidiaries, develops, manufactures, and sells new energy vehicles and battery swapping stations in the People’s Republic of China, Thailand, Southeast Asia, South America, Hong Kong SAR, and Macau SAR markets. It also offers battery swapping and sourcing, as well as technical and consultation services. The company is involved in the provision of two-wheeled vehicle; and new energy vehicles sales. U Power Limited was founded in 2013 and is based in Wuhu, the People’s Republic of China.

IPO Date Apr 20, 2023
Employees 80
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

Analyst Summary

According to one analyst, the rating for UCAR stock is "Strong Buy" and the 12-month stock price target is $50.0.

Price Target
$50.0
(1,992.05% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

U Power Stock Surges 135% After Private Placement Deal

In a Form 6-K filed for April, U Power said it entered into subscription agreements on April 7 with seven purchasers to sell an aggregate 2.9 million Class A ordinary shares at $1.10 per share, for to...

7 hours ago - Benzinga

U Power Limited Signs $3.19 Million Subscription Agreements with Strategic Investors

SHANGHAI, April 7, 2026 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportati...

1 day ago - PRNewsWire

U POWER LIMITED Makes Major Breakthrough in Thailand's Heavy-Duty Truck Battery-Swapping Market

Hong Kong Taxi Battery-Swapping Operations Expected to Launch Soon SHANGHAI, April 2, 2026 /PRNewswire/ -- U POWER Limited, a provider of specialized solutions for next-generation energy networks and ...

6 days ago - PRNewsWire

U Power Limited Announces Closing of $6.0 Million Public Offering

SHANGHAI, March 20, 2026 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportat...

19 days ago - PRNewsWire

U Power Limited Announces Pricing of $6.0 Million Public Offering

SHANGHAI, March 19, 2026 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportat...

20 days ago - PRNewsWire

U POWER Announces Completion of Production of 30 Battery-Swapping Electric Heavy Trucks For Thailand; Pilot Shipment Scheduled for Late May 2026 as Part of 1,000-Vehicle Plan

Thailand Pilot Deployment to Provide Key Insights for Global Battery-Swapping Truck Commercialization BANGKOK, March 17, 2026 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) ("U Power" or the "Company"...

22 days ago - PRNewsWire

U POWER's Electric Heavy Trucks Pass Comprehensive Operational Testing and Full-Stack Integration of Battery-Swapping System; 1,000 Units Set for Thailand Rollout

BANGKOK, March 11, 2026 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) ("U Power" or the "Company"), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportati...

4 weeks ago - PRNewsWire

U Power to Present at OTC Markets AI & Technology Investor Conference on February 19

BANGKOK, Feb. 13, 2026 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) ("U Power" or the "Company"), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportatio...

7 weeks ago - PRNewsWire

U Power Launches Its First Tokenized Real-World Asset on BNB Chain to Accelerate AI-Driven EV Energy Infrastructure Expansion

BANGKOK, Jan. 26, 2026 /PRNewswire/ --  U Power Limited (Nasdaq: UCAR) ("U Power" or the "Company"), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportati...

2 months ago - PRNewsWire

U Power Signs Strategic Partnership with Whale Logistics Group for the Purchase and Deployment of Battery-swapping Electric Truck Tractors in Thailand

Expects to Sign Sales Agreements for Up To 1,000 Electric Truck Tractors, With Initial Delivery Scheduled for April 2026 SHANGHAI, Dec. 29, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Co...

3 months ago - PRNewsWire

U Power and FTT Holding to Establish a Joint Venture to Accelerate Expansion in Southern Europe

FTT Holding to Commit Up To $50 Million into the Joint Venture SHANGHAI , Dec. 16, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-powered solutions ...

4 months ago - PRNewsWire

U Power Provides 2025 Year-End Key Business Updates in CEO's Letter to Shareholders

Advancing Battery-Swapping Solutions in Major International Markets  SHANGHAI , Dec. 9, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-powered solut...

4 months ago - PRNewsWire

U Power Signs Initial €540,000 Sales Agreement with Polestar Energy for the Purchase and Deployment of Twenty Battery-Swapping Electric Vans in Southern Europe

U Power Expects Additional Orders for Up to 2,000 Electric Vans and Compatible Battery-Swapping Stations In the Future SHANGHAI , Oct. 21, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Com...

6 months ago - PRNewsWire

U Power Reports Unaudited Financial Results for the First Half of 2025

-   H1 2025 Net Revenues Increased 34.4% to RMB17.7 million -   H1 2025 Gross Profit Increased 551.5% to RMB8.4 million -   Cash and Cash Equivalents of RMB22.7 million as of June 30, 2025 Positioned ...

6 months ago - PRNewsWire

U Power Signs Initial Sales Agreement with Treep Mobility for the Purchase and Deployment of Fifty Two- and Three-Wheeled Vehicles, Eight Battery-Swapping Cabinets and Corresponding Number of Compatible Batteries

Accelerating Treep Mobility's Transformation from Fuel-Powered Vehicles to EVs Following Successful Pilot Deployment SHANGHAI , Sept. 22, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Comp...

7 months ago - PRNewsWire

U Power Announces Strategic Partnership with SAIC-Hongyan and UNEX EV to Deploy Battery-Swapping Compatible Heavy Trucks in Thailand and Beyond

Addressing the Demand for Green and Sustainable Transportation Solutions in the Logistics Industry SHANGHAI , Aug. 18, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"),...

8 months ago - PRNewsWire

U Power's Strategic Partner UNEX EV Signs LOI with Didi Mobility to Deploy UOTTA(TM) Battery-Swapping Vehicles in Mexico

Accelerating the Green Transformation of Mexico's Transportation Industry SHANGHAI , Aug. 11, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-powered...

8 months ago - PRNewsWire

U Power Partners with Chia Tai and ICBC Thai to Advance Use of Intelligent and Battery-Swapping Compatible Agricultural Drones in Thailand

Accelerating the Digitalization and Smart Transformation of Thailand's Farming Sector SHANGHAI , Aug. 6, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of...

8 months ago - PRNewsWire

U Power Signs a Letter of Intent with a Hong Kong-Based Technology Company for the Purchase and Deployment of 300 Battery-Swapping Compatible Vehicles

SHANGHAI , Aug. 4, 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 ...

8 months ago - PRNewsWire

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 provide...

9 months ago - PRNewsWire

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 becomin...

9 months ago - PRNewsWire

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 ...

9 months ago - PRNewsWire

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: ...

9 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

9 months ago - PRNewsWire