U Power Limited Enters into a Memorandum of Understanding with Durapower Holdings Pte Ltd.
U Power (UCAR) Prnewswire·2024-02-23 10:00SHANGHAI, 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. Pursuant to the MOU, U Power and Durapower intend to jointly explore several areas ...