UCAR - Earnings announcements

Transitioning to a Provider of Sustainable Mobility and Energy Solutions by Expanding into AI-Driven Energy Management Solutions for IDCsSHANGHAI, May 15, 2026 /PRNewswire/ -- U Power Limited (NASDAQ:UCAR) (the "Company" or "U Power"), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportation systems, building on its proprietary UOTTATM electric vehicle (EV) battery-swapping technology, today announced its financial results for the full year ended December 31, 2025 ("FY 2025").[1] FY 2025 Financial HighlightsTotal revenue of RMB41.1 million (or $5.9 million), compared to RMB44.3 million in the same period of 2024.Gross profit of RMB14.9 million (or

SHANGHAI, Oct. 8, 2024 /PRNewswire/ -- U Power Limited (NASDAQ:UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced its financial results for the six months ended June 30, 2024. Mr. Jia Li, Chief Executive Officer and Chairman of the Board of Directors of the Company, commented, "In the first half of fiscal year 2024, our business achieved 595.7% year-over-year revenue growth to reach RMB13.2 million. This growth stemmed from increased orders from both existing clients and new customers for our battery-swapping stations as the economy continued to gradually recover foll