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

Reuters

23 Jul

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.

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.

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