U Power Ltd. Enters Strategic Partnership with IoTeX to Enhance AI-Powered Energy and Transportation Solutions

Reuters

07-23

U Power Ltd. Enters Strategic Partnership with IoTeX to Enhance AI-Powered Energy and Transportation Solutions

U Power Ltd. has announced a strategic partnership with IoTeX to advance its expansion of Web 3.0 AI-powered energy and transportation system solutions. This collaboration involves IoTeX purchasing Real-World Assets (RWAs) issued by U Power, which are backed by corporate bonds. The partnership will integrate U Power's AI-driven smart battery-swapping stations with IoTeX's decentralized IoT infrastructure, enabling real-time asset tracking and enhancing safety, energy efficiency, and performance. Supported by HabitTrade, this partnership aims to strengthen U Power's capital structure and accelerate the development of its proprietary EV battery-swapping technology, UOTTATM. Both companies plan to explore innovative solutions for tokenizing RWAs using advanced AI technologies, emphasizing their commitment to sustainable development and blockchain-based finance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. U Power Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN35881) on July 23, 2025, and is solely responsible for the information contained therein.

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