U Power Limited Enters into a Memorandum of Understanding with Durapower Holdings Pte Ltd.

February 23, 2024

https://www.prnewswire.com/news-releases/u-power-limited-enters-into-a-memorandum-of-understanding-with-durapower-holdings-pte-ltd-302069545.html

SHANGHAI, Feb. 23, 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 that it has entered into a Memorandum of Understanding (the “MOU”) on February 6, 2024, with Durapower Holdings Pte Ltd. (“Durapower”), a Singapore-based lithium-ion battery manufacturer.

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