U Power Ltd. is a holding company, which engages in the provision of vehicle sourcing. The company is headquartered in Shanghai, Shanghai and currently employs 80 full-time employees. 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.