UCAR

U Power Ltd

6.38 USD
-0.62
8.86%
At close Dec 20, 4:00 PM EST
1 day
-8.86%
5 days
-13.78%
1 month
-1.09%
3 months
2.08%
6 months
-6.18%
Year to date
-64.10%
1 year
-65.97%
5 years
-99.85%
10 years
-99.85%
 

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 manufactory 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: 77

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0.43% less ownership

Funds ownership: 0.47% [Q2] → 0.03% (-0.43%) [Q3]

25% less funds holding

Funds holding: 4 [Q2] → 3 (-1) [Q3]

91% less capital invested

Capital invested by funds: $96.7K [Q2] → $8.49K (-$88.2K) [Q3]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 1

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

Research analyst outlook

We haven’t received any recent analyst ratings for UCAR.

Financial journalist opinion

Neutral
PRNewsWire
2 months ago
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 services provider with a vision to becoming a comprehensive electric EV battery power solution provider in China, today announced the signing of a Memorandum of Understanding with Ualabee Corp., a leading South American mobile travel platform. The strategic partnership aims to integrate U Power's proprietary UOTTA battery-swapping technology into Ualabee's ride-hailing services across South America, marking a significant step in the Company's global expansion strategy.
U Power and Ualabee Join Forces to Bring Innovative Battery-Swapping Solutions to South America's Ride-Hailing Market
Neutral
PRNewsWire
2 months ago
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 solution provider in China, today announced its financial results for the six months ended June 30, 2024. Mr. Jia Li, Chief Executive Officer and Chairman of the Board of Directors of the Company, commented, "In the first half of fiscal year 2024, our business achieved 595.7% year-over-year revenue growth to reach RMB13.2 million.
U Power Announces First Half of 2024 Financial Results
Neutral
PRNewsWire
4 months ago
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 power solution provider in China, today announced that it has signed a Memorandum of Understanding with Velo Labs Technology Ltd. ("Velo Labs"), a global fintech company, to establish a battery infrastructure investment ecosystem in Thailand.
U Power and Velo Labs Collaborate to Establish Asset Fund Trading Platform for Battery Banks
Neutral
PRNewsWire
5 months ago
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 power solution provider in China, today announced that it had signed a Memorandum of Understanding ("MoU") with Pattaya AI Terminal Co., Ltd. ("Pattaya AI") to jointly drive the strategic development of green logistics and electric vehicle ("EV") infrastructure in Thailand.
U Power Expands Global Footprint with Strategic Move into Thai Market
Neutral
PRNewsWire
6 months ago
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 power solution provider in China, today announced that its UOTTA technology and battery swapping station model is to be adopted in a strategic collaboration between UNEX EV B.V. ("UNEX") and Associação Nacional dos Transportes Rodoviários em Automóveis Ligeiros ("ANTRAL").
UOTTA Technology to Be Adopted by a Portuguese National Taxi Association to Drive Decarbonization and Electric Mobility
Neutral
PRNewsWire
6 months ago
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 power solution provider in China, today announced a follow-on purchase order from a major taxi operator in Jilin, China. The follow-on order is for the purchase of U Power's advanced dual-mode intelligent battery swapping stations, which feature separate robotic guided vehicles (RGVs) for battery removal and installation.
U Power Limited Announces Follow-on Purchase Order of Battery Swapping Station by Major Taxi Operator in Jilin, China
Neutral
PRNewsWire
7 months ago
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 power solution provider in China, today announces that on May 15, 2024, the Company filed its 2023 annual report (20-F) with the U.S. Securities and Exchange Commission (the "SEC"). 2023 Financial Highlights Total net revenues increased by 153.5% year over year to RMB19.8 million (US$2.8 million) in 2023.
U Power Announces Filing of 2023 Annual Report with the SEC
Neutral
PRNewsWire
7 months ago
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 solution provider in China, today announced that it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), dated April 19, 2024, informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Rule") for continued listing on the Nasdaq Capital Market. Additionally, in application of Listing Rule 5815(d)(4)(B), the Company will be subject to a mandatory panel monitor for a period of one year from the date of this letter.
U Power Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement
Positive
InvestorPlace
8 months ago
Why Is U Power (UCAR) Stock Up 69% Today?
U Power (NASDAQ: UCAR ) stock is rising higher on Monday after the electric vehicle (EV) company announced plans to launch its commercial battery swap service. A press release from U Power reveals that the company is going to launch this service sometime this month.
Why Is U Power (UCAR) Stock Up 69% Today?
Neutral
PRNewsWire
8 months ago
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 solution provider in China, today announced that its battery-swapping and sharing model for two-wheeled and light four-wheeled electric vehicles (EVs) is poised for a formal commercial rollout in Wuhu, Anhui Province, China. The rollout, which is expected to take place during April 2024, follows a successful round of market validations in February.
U Power To Launch Commercial Operation for its EV Battery Swapping System
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