U Power and IoTeX Join Forces to Bring Blockchain to Transport and Energy
Date: 2025-07-29 Author: Oliver Abernathy Categories: BLOCKCHAIN
U Power Limited (UCAR), a Nasdaq-listed company specializing in the application of artificial intelligence in the energy and transport sectors, has signed a strategic cooperation agreement with the IoTeX blockchain ecosystem. This partnership is focused on introducing innovative solutions to the real sector based on Web3 technologies.
One of the key areas of cooperation will be the development of UOTTATM fast battery replacement technology for electric vehicles. As part of the deal, IoTeX will acquire RWA tokens issued by U Power, backed by corporate bonds. This investment will provide an influx of capital necessary for the company's expansion and implementation of its technological initiatives.
In addition, the parties will join forces in the field of asset tokenization. Through the synergy of artificial intelligence and blockchain, it is planned to create more secure and scalable solutions for asset management. These approaches, according to the participants, will find practical application in such industries as energy and transport, where a high degree of reliability and transparency of processes is required.
The HabitTrade platform will provide technical and regulatory support. It will participate in the development of the tokenomics model and monitor the project's compliance with current regulatory requirements. This is especially important for the legitimate implementation of the initiative in international markets.
Thus, the alliance between U Power and IoTeX is aimed at accelerating the digitalization of traditional sectors of the economy. The use of advanced digital technologies such as blockchain and AI opens up new opportunities for creating a sustainable and transparent infrastructure.
