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U Power Limited - Class A Ordinary Shares (UCAR)

2.6850
-0.0750 (-2.72%)

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.

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How U Power Is Helping Overcome Challenges To EV Adoption With Its UOTTA Technology
Search for the latest press releases from publicly traded companies, private corporations, non-profits and other public sector organizations.
Via NewMediaWire · March 7, 2025
How U Power Is Helping Overcome Challenges To EV Adoption With Its UOTTA Technology
By Meg Flippin Benzinga
Via TheNewswire.com · March 7, 2025
Risk-On In Small-Caps After iShares Russell 2000 ETF Breaks Out
After breaking above key resistance, sentiment has shifted, and speculative capital looks to be flowing back into the IWM and small-cap stocks.
Via MarketBeat · June 5, 2023
WestPark Capital Announces Closing of $14.5 Million IPO for U Power Limited. (NASDAQ:UCAR)
WestPark Capital, a Los Angeles based international investment bank and securities firm announced today the closing of an initial public offering for U Power Limited (UCAR) a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China. The offering consisted of 2,416,667 ordinary shares at a public price of US$6.00 per ordinary share. The gross proceeds of the Offering were approximately US$14.50 million, before deducting underwriting discounts and commissions, and other offering expenses. The ordinary shares began trading on the Nasdaq Capital Market on April 20, 2023, under the symbol “UCAR.” Net proceeds from the Offering will be used for developing and marketing UOTTA-powered EVs, manufacturing and developing UOTTA-powered battery-swapping stations, developing and upgrading UOTTA technologies, and working capital purposes.
By WestPark Capital · Via Business Wire · April 25, 2023