U Power completes real-world assets issuance with IoTeX partnership.

U Power Limited, a provider of AI-powered solutions for energy grids and transportation systems, has completed its Real-World Assets issuance through a partnership with IoTeX. The collaboration aims to create a next-generation EV battery swapping system using blockchain, AI, and tokenized RWAs. The issued RWAs are backed by U Power's battery swapping business and related assets in China and South America.

U Power Limited, a provider of AI-powered solutions for energy grids and transportation systems, has completed its Real-World Assets (RWAs) issuance through a strategic partnership with IoTeX. The collaboration aims to create a next-generation EV battery swapping system using blockchain, AI, and tokenized RWAs. The issued RWAs are backed by U Power's battery swapping business and related assets in China and Southeast Asia.

The partnership, announced on September 29, 2025, involves U Power and IoTeX working together to develop an innovative battery swapping infrastructure that leverages Web3 technology. The RWAs are designed to be traded on HabitTrade, a global multi-asset trading and infrastructure platform, enhancing market liquidity and attracting a broader investor base.

Johnny Lee, CEO and Chairman of U Power, commented, "Our partnership with IoTeX enables the tokenization of EV batteries, unlocking new revenue streams through Battery Tokens and crowdfunded infrastructure financing. By accelerating the deployment of battery swapping stations and enhancing data-driven operations via blockchain and AI, we reduce costs, improve asset utilization, and create scalable, recurring income models, all of which drive long-term revenue growth."

U Power's proprietary battery swapping technology, UOTTATM, is central to the project. The company aims to expand its market share and introduce new investment opportunities through the issuance of RWAs. The successful implementation of these RWAs marks a significant milestone in advancing U Power's Web3.0 strategy.

The collaboration with IoTeX is part of U Power's broader goal to leverage the digitalization and electrification of the EV and battery industry. By integrating financial services across its industry value chain, U Power seeks to attract a broader investor base and accelerate the expansion of its business.

U Power's Web3.0 strategy aims to create a robust ecosystem for the EV and related sectors, with a focus on sustainable development and long-term value creation. The company's efforts to bring corporate assets on-chain represent a significant step forward in this endeavor.

For more information, please visit U Power Limited's website: [https://www.upower-limited.com/](https://www.upower-limited.com/)