IoTeX Partnership Accelerates Web3 Objectives by IoPower
U Power Limited, a NASDAQ-listed company (UCAR), has signed a significant memorandum of understanding with IoTeX, a blockchain infrastructure provider. This partnership aims to integrate blockchain and Artificial Intelligence (AI) by combining U Power's AI-driven battery-swapping technology for electric vehicles (EVs) with IoTeX’s blockchain platform.
The collaboration targets the creation of a smart, decentralized, and transparent infrastructure for EV energy and transportation systems through tokenization and real-time monitoring.
IoTeX will purchase Real-World Assets (RWAs) issued by U Power and backed by corporate bonds, providing capital to support U Power’s expansion of its battery-swapping network and technology development. The partnership involves tokenizing these RWAs using blockchain and AI, enabling scalable, transparent digital assets linked to physical infrastructure.
In addition to this, the partnership will implement real-time battery tracking, performance monitoring, and secure data exchange through decentralized Internet of Things (IoT) infrastructure integrated with AI. This will enhance the operation of AI-integrated battery-swapping stations to improve safety, energy efficiency, and long-term performance of EV batteries.
Financially, this partnership strengthens U Power's capital position by raising funds via tokenized real-world assets backed by their corporate bonds, thus addressing U Power’s financial needs for growth and infrastructure scaling. Technologically, the collaboration supports U Power in advancing its proprietary UOTTA™ battery-swapping technology by embedding blockchain and AI, ensuring its systems become more secure, efficient, and scalable in line with Web 3.0 innovations.
HabitTrade, an international multi-asset trading platform, will act as the structuring and execution agent for integrating equity with tokenized assets in the U Power-IoTeX partnership. This collaboration reflects a growing trend among technology firms seeking to redefine legacy asset structures and operations through tokenization and intelligent automation.
With this partnership, U Power's focus has evolved from distributing battery-swapping stations to delivering holistic AI-integrated energy and transport solutions. The new alliance with IoTeX is expected to address U Power's financial and technological needs, positioning the company at the intersection of Web3, energy, and mobility—an intersection that could shape the future of EV infrastructure and digital asset management.
[1] Market analysts at InvestingPro have noted a 124% revenue growth for U Power over the past twelve months, but also challenges related to cash flow sustainability and profitability. [2] U Power's current ratio of 1.85 is considered a healthy indicator of liquidity. [3] The partnership aims to embed blockchain into existing EV infrastructure to establish a transparent and efficient system for energy distribution and utilization. [4] The partnership between U Power, IoTeX, and HabitTrade reflects a growing trend among technology firms seeking to redefine legacy asset structures and operations through tokenization and intelligent automation. [5] The new alliance with IoTeX is expected to address U Power's financial and technological needs. [6] IoTeX, founded in 2017, enables decentralized, machine-driven data processing and converts machine-generated data into aggregated intelligence for AI systems. [7] By partnering with IoTeX and HabitTrade, U Power aims to enhance its capital flexibility and position itself at the intersection of Web3, energy, and mobility—an intersection that could shape the future of EV infrastructure and digital asset management.
[1] The partnership between U Power and IoTeX, facilitated by HabitTrade, will explore the integration of finance, technology, and energy through tokenization, aiming to address U Power's financial needs for growth and improve their capital flexibility.
[2] With the collaboration, U Power's focus on AI-driven battery-swapping technology for electric vehicles will extend to encompass a smart, decentralized, and transparent energy and transport infrastructure, combining this technology with IoTeX's blockchain platform and machine-generated intelligence for AI systems.
