U Power Limited (NASDAQ:UCAR) shares surged 58.69% to 0.88 after the bell on Tuesday after entering subscription agreements with seven purchasers to sell 2.9 million Class A shares. The late-trading session gain follows a 2.11% jump in the regular session, closing at $0.55, according to Benzinga Pro data.$3.19M Share Sale Supports Market ExpansionOn Tuesday, after the market closed, U Power announced the sale of Class A shares at $1.10 per share, generating $3.19 million in gross proceeds. The board approved the transaction, which is expected to close on or about Tuesday. The Chinese energy technology company plans to use the funds to…