What is the projected market size for battery‑swap services in Mexico and what share does U Power aim to capture?

Projected market size & U Power’s target share

The partnership announcement notes that the battery‑swap services market in Mexico is expected to reach ≈ US $1.5 billion by 2030 as the country pushes to electrify its commercial‑vehicle fleet and municipal transport. U Power’s strategic plan is to secure about 15 % of that market, translating into roughly US $225 million in annual revenue from swap‑service operations once the rollout is fully ramped‑up.

Trading implications

- Fundamentals: A 15 % foothold in a fast‑growing, government‑backed sector gives U Power a clear revenue runway, supporting its AI‑grid and intelligent‑transportation platform valuations. The deal with Didi Mobility also adds a high‑usage partner, accelerating utilization rates and margin upside.

- Technical outlook: The stock (Nasdaq: UCAR) has been trading near the upper end of its 200‑day moving average, reflecting the recent partnership news and bullish sentiment (+70). A breakout above the recent high (~$12.30) could trigger short‑term momentum, while a pull‑back toward the 50‑day EMA (~$11.80) may offer a lower‑‑risk entry for investors looking to capture the upside from the projected revenue boost.

- Actionable insight: Given the strong growth narrative and the clear revenue target, a moderate‑size long position with a stop just below the 50‑day EMA (~$11.70) aligns risk with the upside potential. If the stock retests the 200‑day EMA (~$12.00) and holds, it would further validate the bullish catalyst and set the stage for a move toward the $13‑$14 range as the Mexican swap network scales.