U Power Limited（Nasdaq：UCAR）

Company Profile

2013

established in

U POWER was founded in 2013 and is a pioneer in the global field of new energy road commercial transportation. U POWER has developed UOTTA ™ Intelligent battery swapping technology solves the problem of charging and battery performance degradation in electric vehicles, bringing more efficient, high-quality, and economical application modes for customers in various industries to use electric vehicles.

U POWER LIMITED, Relying on the complete layout of the electric vehicle charging and swapping industry and the commercial operation of related businesses, it was listed on NASDAQ in 2013 and became a leading enterprise in the relevant field.

Complete industrial chain

U POWER has industry-leading research and development laboratories and production factories, equipped with various advanced automated production and testing equipment. It can complete the production of charging and swapping equipment and the modification of electric vehicles, and can customize production according to customer needs.

The electric transportation mode using UOTTA battery swapping technology and operation plan has started commercial operation and is widely used in the fields of urban taxi, bus, and truck transportation. After adopting battery swapping technology, customers will save 35% of daily expenses compared to traditional fuel vehicles, while also being more conducive to environmental protection.