U Power Limited is a company focused on providing innovative solutions in the electric vehicle sector, particularly through its development and operation of electric vehicle charging infrastructure
The company aims to facilitate the adoption of clean energy vehicles by offering efficient charging options and advanced technologies that enhance the user experience. U Power is committed to creating a sustainable transportation ecosystem and is actively involved in expanding its network of charging stations, which cater to the growing demand for electric mobility. Through its initiatives, the company seeks to contribute to reducing carbon emissions and promoting renewable energy usage in the automotive industry.
Shares of Agenus Inc. (NASDAQAGEN) fell sharply during Monday’s session. Agenus disclosed a 1-for-20 reverse stock split of common stock. Agenus Inc. NASDAQ: AGENNASDAQAGEN)
U Power sees a surge in shares as it unveils a battery-swapping model for electric vehicles. With a commercial launch slated for April 2024 in China's Wuhu, the innovative model aims to cater to over 800 customers, offering convenient power-swapping service points for both two and four-wheeled EVs.
