U Power Limited (UCAR)

NASDAQ: UCAR · Real-Time Price · USD
1.950
+0.060 (3.17%)
At close: Aug 13, 2025, 4:00 PM
1.780
-0.170 (-8.72%)
After-hours: Aug 13, 2025, 4:27 PM EDT
3.17%
Market Cap 10.22M
Revenue (ttm) 6.07M
Net Income (ttm) -6.57M
Shares Out 5.24M
EPS (ttm) -2.30
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 22,180
Open 1.800
Previous Close 1.890
Day's Range 1.800 - 2.000
52-Week Range 1.740 - 9.434
Beta 1.18
Analysts n/a
Price Target n/a
Earnings Date Oct 7, 2025

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 was founded in 2013 and is based in Wuhu, the People’s Republic of China. [Read more]

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

News

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...

2 days 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...

7 days 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 ...

9 days 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...

14 days 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...

20 days 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 ...

21 days 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: ...

23 days 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...

5 weeks 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...

5 weeks ago - PRNewsWire

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 ...

6 weeks ago - PRNewsWire

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 Lim...

6 weeks ago - PRNewsWire

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 p...

7 weeks ago - PRNewsWire

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 ...

7 weeks ago - PRNewsWire

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 Po...

2 months ago - PRNewsWire

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 months 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...

3 months 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., ...

3 months 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...

4 months 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...

4 months 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...

5 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...

6 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...

7 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...

7 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...

7 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...

7 months ago - PRNewsWire