U Power Limited Enters Into Strategic Cooperation Agreement With Zhongneng Lithium Battery Technology Taizhou Co., Ltd
Portfolio Pulse from Benzinga Newsdesk
U Power Limited (NASDAQ:UCAR), a vehicle sourcing services provider, has entered into a strategic cooperation agreement with Zhongneng Lithium Battery Technology Taizhou Co., Ltd. The partnership aims to explore new markets, expand market share, and enhance brand influence and competitiveness. They plan to cooperate in energy storage, battery charging and swapping, and other related industries, including the establishment of an energy storage technology research institute.
September 25, 2023 | 12:03 pm
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U Power's partnership with Zhongneng Technology could potentially expand its market share and enhance its competitiveness in the energy storage and battery technology sectors.
The partnership with Zhongneng Technology allows U Power to leverage their expertise in lithium energy storage products. This could potentially lead to the development of new products and services, expanding U Power's market share and enhancing its competitiveness in the energy storage and battery technology sectors.
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