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U

U Power UCAR · USD

Consumer Discretionary · US listing · 🇺🇸 United States

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3.15

+6.42%

Close of 9 Nov 2026, in USD

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About U Power

Its shares trade under the ticker UCAR. It has been listed since 20 April 2023. In the fiscal year to 31 December 2025, it reported revenue of CN¥41.1m and a net loss of CN¥68.7m. At that date it held total assets of CN¥378.8m and shareholders' equity of CN¥271.0m.

U Power Ltd. engages in the provision of vehicle sourcing. The company is headquartered in Shanghai, Shanghai. The company went IPO on 2023-04-20. The firm's businesses include vehicle sourcing business, UOTTA-powered electric cars and UOTTA battery-swapping stations. The firm is also engaged in the research and development, and promotion and sales of UOTTA-powered electric cars.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Specialty Retail
Listed since
20 Apr 2023
Employees
141
Website
upincar.com ↗
Head office
2F, ZUOAN 88 A, LUJIAZUI, SHANGHAI
Incorporated in
E9
Classification
Miscellaneous Electrical Machinery, Equipment & Supplies
Filer status
Non-accelerated filer<br>Emerging growth company

Leadership

Pay as last reported

  • Mr. Jia LiChairman of the Board, Chief Executive Officer, since 2021
  • Ms. Bingyi ZhaoChief Financial Officer, Director, since 2022
  • Mr. Quanshi ChenIndependent Director Nominee
  • Ms. Xiaochun LiIndependent Director Nominee
  • Mr. Jean von PfettenIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • U Power Ltd. offers UOTTA-powered electric cars with battery-swapping stations for efficient vehicle sourcing.
  • The company's vehicle sourcing business includes UOTTA battery-swapping stations in Shanghai.
  • U Power Ltd. focuses on R&D and sales of UOTTA-powered electric cars in the Consumer Discretionary sector.

Weaknesses

  • U Power Ltd. has only 141 employees, which may limit operational capacity.
  • The company's IPO on 20 April 2023 indicates limited market experience.
  • U Power Ltd. operates primarily in Shanghai, restricting broader market reach.

Opportunities

  • Expanding UOTTA battery-swapping stations across China could increase market share.
  • Growing demand for electric vehicles in the Consumer Discretionary sector presents opportunities.
  • U Power Ltd. can leverage its R&D focus to develop new electric car models.

Threats

  • Competition from established electric vehicle manufacturers in China.
  • Regulatory changes in the Chinese retail sector could impact operations.
  • Economic downturns may reduce consumer spending on discretionary items.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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