Tap The Potential - U Power Soars On Business Deal With Japanese EV Maker Quantum Solutions
Portfolio Pulse from Shivani Kumaresan
U Power Ltd (NASDAQ:UCAR) has entered into a strategic cooperation agreement with Japanese EV maker Quantum Solutions for business development. The agreement includes marketing, R&D of new energy vehicles, financial technologies, battery banks, EV charging, and battery-swapping operations in Japan. UCAR shares are trading higher by 181% at $8.75.
June 01, 2023 | 5:37 pm
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U Power Ltd (UCAR) enters a strategic cooperation agreement with Quantum Solutions, a Japanese EV maker, for business development. UCAR shares are trading higher by 181% at $8.75.
The strategic cooperation agreement with Quantum Solutions, a Japanese EV maker, is expected to expand U Power's business in the Japanese market. This partnership is likely to generate substantial value for UCAR shareholders, as evidenced by the 181% increase in UCAR's share price.
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