U Power Signs a Letter of Intent with a Hong Kong-Based Technology Company for the Purchase and Deployment of 300 Battery-Swapping Compatible Vehicles - U Power (NASDAQ:UCAR)

U Power Signs a Letter of Intent with a Hong Kong-Based Technology Company for the Purchase and Deployment of 300 Battery-Swapping Compatible Vehicles - U Power (NASDAQ:UCAR)

SHANGHAI, Aug. 4, 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 UOTTA™ electric vehicle (EV) battery-swapping technology, today announced the signing of a Letter of Intent (the "LOI") with a Hong Kong-based designer and manufacturer of vehicle dashcams (the "client') to deploy …