U Power Adds IOTX to Financial Reserves, Co-creating an On-chain Economy Integrating DePIN and RWA

Foresight News reports that U Power Limited (NASDAQ: UCAR), an electric vehicle infrastructure company, has announced a strategic partnership with IoTeX. As an open ecosystem platform driven by DePIN and AI, IoTeX will work together with UCAR to expand the DePIN infrastructure network and advance the tokenization of real-world assets (RWA) on the blockchain.

This collaboration will enable UCAR’s charging and battery swapping station facilities to be registered on-chain, tokenized as assets, and managed throughout their entire lifecycle, unlocking the liquidity and programmability of infrastructure assets. It marks the first large-scale implementation of DePIN and AI-powered blockchain technology in physical energy networks.

The two parties also plan to include IOTX in UCAR’s long-term asset reserve system and will pursue deep business integration around mobility infrastructure, jointly developing an RWA tokenization operation mechanism with IOTX as the core value anchor.