U Power Ltd
upincar.comWhat Do They Do?
Sells battery-swapping stations to station owners and develops UOTTA battery-swapping technology for commercial electric vehicles with automakers.
20-F for FY2025, filed May 15, 2026UOTTA Battery-swapping Stations: Our UOTTA battery-swapping station currently has two models: (i) the Titan model, which is intended for…View ↗
Our UOTTA technology is an intelligent modular battery swapping technology designed to provide a comprehensive battery power solution for…View ↗
UOTTA-powered EVs: The UOTTA-powered EVs are being jointly developed in cooperation with major automobile manufacturers in China, utilizing…View ↗
Who Are Their Customers?
Vehicle-sourcing customers are SME dealers and individual buyers in lower-tier cities, reached mainly through prior business dealings and referrals. Other customers include battery-swapping station buyers and owners seeking system upgrades, as well as drivers using battery-swapping services.
20-F for FY2025, filed May 15, 2026We provide sourcing services to SME dealers and individual customers primarily located in lower-tier cities in the PRC. Our relationships…View ↗
The Group generates revenues from sales of battery swapping stations. The Group identifies the users who purchase battery swapping stations…View ↗
The Group also generates revenues from providing battery swapping services to vehicle drivers and the station control system upgrading…View ↗
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