U Power Signs Initial €540,000 Sales Agreement with Polestar Energy for the Purchase and Deployment of Twenty Battery-Swapping Electric Vans in Southern Europe
U Power Limited - Class A Ordinary Shares (UCAR)
Company Research
Source: PR Newswire
U Power Expects Additional Orders for Up to 2,000 Electric Vans and Compatible Battery-Swapping Stations In the Future SHANGHAI, Oct. 21, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-powered solutions for next-generation energy grids and intelligent transportation systems, building on its proprietary UOTTATM electric vehicle (EV) battery-swapping technology, today announced that it has signed an initial sales agreement with Polestar Energy S.L. ("Polestar Energy"), a Spanish company specialized in sustainable and innovative energy solutions, for the purchase and deployment of twenty UOTTA™ battery-swapping Geely Farizon-UNEX electric vans and a supporting semi-autonomous three-slot smart battery-swapping station, valued at €540,000, for the Southern European market. This sales agreement with Polest
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News
- U Power Reports Unaudited Financial Results for the First Half of 2025PR Newswire
- U Power Partners with IoTeX to Launch Tokenized Real-World Assets, Pioneering AI-Powered Web3 EV Battery Swapping InfrastructurePR Newswire
- U Power Signs Initial Sales Agreement with Treep Mobility for the Purchase and Deployment of Fifty Two- and Three-Wheeled Vehicles, Eight Battery-Swapping Cabinets and Corresponding Number of Compatible Batteries [Yahoo! Finance]Yahoo! Finance
- U Power Signs Initial Sales Agreement with Treep Mobility for the Purchase and Deployment of Fifty Two- and Three-Wheeled Vehicles, Eight Battery-Swapping Cabinets and Corresponding Number of Compatible BatteriesPR Newswire
- U Power (NASDAQ:UCAR) is now covered by analysts at Maxim Group. They set a "buy" rating and a $5.00 price target on the stock.MarketBeat
UCAR
Sec Filings
- 12/3/25 - Form 6-K
- 11/7/25 - Form 6-K
- 10/10/25 - Form 6-K
- UCAR's page on the SEC website