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Upincar Automobile Service (Shanghai), known as U Power, runs automated battery-swapping stations for electric vehicles.
Based in Shanghai, China, and established in 2013, U Power is a new energy vehicle services company. It began as a broker for vehicle sales between wholesalers and buyers, shifted in 2020 to developing automated battery-swapping stations under the UOTTA brand, and was listed on the NASD Stock Exchange under the symbol UCAR in March 2023. As of February 2023 it had established five battery-swapping stations.
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