Stock Track | Uxin Soars 13.5% in Pre-market After Partnership with CATL Unit for Battery Swapping

Stock Track12-03

Uxin's stock experienced a significant pre-market surge, climbing 13.5% on Tuesday morning. This rally comes after the company announced a strategic partnership with Times Electric Service, a subsidiary of Contemporary Amperex Technology (CATL), a leading manufacturer of lithium-ion batteries.

The partnership aims to provide battery swapping services for used electric vehicles (EVs) in China's rapidly growing pre-owned EV market. By leveraging CATL's expertise in battery technology and Uxin's platform for used car transactions, the collaboration is expected to enhance the overall customer experience and drive growth in the used EV segment.

Analysts view this partnership as a positive development for Uxin, as it positions the company to capitalize on the increasing demand for affordable and sustainable mobility solutions. The ability to offer battery swapping services could potentially attract more consumers and boost Uxin's competitive advantage in the used car market.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1153428647?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-03 22:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1153428647","market":"us","top_or_hot":-1,"title":"Stock Track | Uxin Soars 13.5% in Pre-market After Partnership with CATL Unit for Battery Swapping","media":"Stock Track","content":"<p>Uxin's stock experienced a significant pre-market surge, climbing 13.5% on Tuesday morning. This rally comes after the company announced a strategic partnership with Times Electric Service, a subsidiary of Contemporary Amperex Technology (CATL), a leading manufacturer of lithium-ion batteries.</p>\n\n<p>The partnership aims to provide battery swapping services for used electric vehicles (EVs) in China's rapidly growing pre-owned EV market. By leveraging CATL's expertise in battery technology and Uxin's platform for used car transactions, the collaboration is expected to enhance the overall customer experience and drive growth in the used EV segment.</p>\n\n<p>Analysts view this partnership as a positive development for Uxin, as it positions the company to capitalize on the increasing demand for affordable and sustainable mobility solutions. The ability to offer battery swapping services could potentially attract more consumers and boost Uxin's competitive advantage in the used car market.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Uxin Soars 13.5% in Pre-market After Partnership with CATL Unit for Battery Swapping</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Uxin Soars 13.5% in Pre-market After Partnership with CATL Unit for Battery Swapping\n</h2>\n\n<h4 class=\"meta\">\n\n2024-12-03 22:02 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uxin's stock experienced a significant pre-market surge, climbing 13.5% on Tuesday morning. This rally comes after the company announced a strategic partnership with Times Electric Service, a ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UXIN","symbol_name":"优信","start_time":0,"source_url":"","article_id":"1153428647","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1153428647","pubTimestamp":1733234536,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Uxin's stock experienced a significant pre-market surge, climbing 13.5% on Tuesday morning. This rally comes after the company announced a strategic partnership with Times Electric Service, a subsidiary of Contemporary Amperex Technology , a leading manufacturer of lithium-ion batteries.The partnership aims to provide battery swapping services for used electric vehicles  in China's rapidly growing pre-owned EV market. By leveraging CATL's expertise in battery technology and Uxin's platform for u","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"UXIN":"优信"},"translate_title":"股票赛道优信与宁德时代合作换电后盘前飙升13.5%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UXIN":1},"content_text":"Uxin's stock experienced a significant pre-market surge, climbing 13.5% on Tuesday morning. This rally comes after the company announced a strategic partnership with Times Electric Service, a subsidiary of Contemporary Amperex Technology (CATL), a leading manufacturer of lithium-ion batteries.\nThe partnership aims to provide battery swapping services for used electric vehicles (EVs) in China's rapidly growing pre-owned EV market. By leveraging CATL's expertise in battery technology and Uxin's platform for used car transactions, the collaboration is expected to enhance the overall customer experience and drive growth in the used EV segment.\nAnalysts view this partnership as a positive development for Uxin, as it positions the company to capitalize on the increasing demand for affordable and sustainable mobility solutions. The ability to offer battery swapping services could potentially attract more consumers and boost Uxin's competitive advantage in the used car market.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1153428647"}