U Power Limited (UCAR)
 NASDAQ: UCAR · Real-Time Price · USD
 2.150
 +0.070 (3.37%)
  At close: Nov 3, 2025, 4:00 PM EST
2.010
 -0.140 (-6.51%)
  After-hours: Nov 3, 2025, 7:38 PM EST
U Power Revenue
U Power had revenue of 17.73M CNY in the half year ending June 30, 2025, with 835.07% growth. This brings the company's revenue in the last twelve months to 48.83M, up 57.22% year-over-year. In the year 2024, U Power had annual revenue of 44.29M with 124.09% growth.
Revenue (ttm) 
 48.83M CNY
Revenue Growth 
 +57.22%
P/S Ratio 
 1.00
Revenue / Employee 
 610,363 CNY
Employees 
 80
Market Cap 
10.46M USD
Revenue Chart
* This company reports financials in CNY.
Revenue History
| Fiscal Year End | Revenue | Change | Growth | 
|---|---|---|---|
| Dec 31, 2024 | 44.29M | 24.53M | 124.09% | 
| Dec 31, 2023 | 19.76M | 11.97M | 153.51% | 
| Dec 31, 2022 | 7.80M | -214.00K | -2.67% | 
| Dec 31, 2021 | 8.01M | 6.55M | 447.13% | 
| Dec 31, 2020 | 1.46M | - | - | 
Revenue Definition
Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.
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UCAR News
- 13 days ago - 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 - PRNewsWire
 - 21 days ago - U Power Reports Unaudited Financial Results for the First Half of 2025 - PRNewsWire
 - 6 weeks ago - 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 - PRNewsWire
 - 2 months ago - U Power Announces Strategic Partnership with SAIC-Hongyan and UNEX EV to Deploy Battery-Swapping Compatible Heavy Trucks in Thailand and Beyond - PRNewsWire
 - 3 months ago - U Power's Strategic Partner UNEX EV Signs LOI with Didi Mobility to Deploy UOTTA(TM) Battery-Swapping Vehicles in Mexico - PRNewsWire
 - 3 months ago - U Power Partners with Chia Tai and ICBC Thai to Advance Use of Intelligent and Battery-Swapping Compatible Agricultural Drones in Thailand - PRNewsWire
 - 3 months ago - 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 - PRNewsWire
 - 3 months 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 - PRNewsWire