U Power Partners with IoTeX to Tokenize EV Charging Network Boosting Liquidity and Operational Transparency

U Power Limited (Nasdaq: UCAR), a China-based electric vehicle (EV) company, has entered a strategic partnership with blockchain platform IoTeX to tokenize its network of battery-swapping and charging stations. The collaboration, formalized through a Memorandum of Understanding (MoU) and Business Cooperation Agreement, aims to leverage decentralized infrastructure to digitize and manage physical assets more efficiently. By converting EV infrastructure into real-world asset (RWA) tokens, the firms seek to enhance liquidity, operational transparency, and capital access for U Power’s expanding network of 10,000+ battery-swapping stations across China and Southeast Asia [1].

The initiative integrates U Power’s AI-powered battery-swapping technology with IoTeX’s decentralized IoT infrastructure, enabling real-time tracking and management of assets. This hybrid approach allows for secure data collection and verification, addressing scalability challenges in EV infrastructure. U Power board member Vicente López-Ibor Mayor emphasized the potential for “digitizing and tokenizing infrastructure assets at scale” to improve operational efficiency and attract new capital streams [2]. The company also plans to explore establishing a crypto treasury reserve using IoTeX’s IOTX token, which trades at $0.02401 as of the latest data [3].

Analysts highlight that tokenizing physical assets could unlock novel funding mechanisms and fractional ownership opportunities for stakeholders, aligning with broader trends in blockchain adoption [4]. However, the project remains in an exploratory phase, with no disclosed metrics on projected cost savings or return on investment. Technical challenges, such as interoperability between IoT sensors and blockchain protocols, may require iterative development [5]. The partnership’s success will depend on regulatory clarity and market demand, as tokenization is still an emerging concept in the EV sector [6].

U Power’s move reflects its broader strategy to merge traditional energy solutions with decentralized technologies. By tokenizing infrastructure, the company aims to create a standardized model for EV providers while enhancing transparency in asset lifecycle management. IoTeX’s decentralized IoT network serves as a technical backbone, ensuring secure and auditable data flows. This collaboration could set a precedent for integrating Web3 innovations into physical infrastructure, though widespread adoption will hinge on overcoming technical and regulatory hurdles [7].

Source:

[1] [U Power Announces Strategic Partnership with IoTeX to Accelerate Expansion of Web 3.0 AI-Powered Energy and Transportation System Solutions](https://www.news10.com/business/press-releases/cision/20250723CN35881/u-power-announces-strategic-partnership-with-iotex-to-accelerate-expansion-of-web-3-0-ai-powered-energy-and-transportation-system-solutions)

[2] [U Power Advances Web3 Goals Through IoTeX Collaboration](https://www.cointrust.com/market-news/u-power-advances-web3-goals-through-iotex-collaboration)

[3] [IoTeX Partners with U Power to Tokenize EV Infrastructure](https://coinness.com/en/news/77141)

[4] [Globe PR Wire](https://www.streetinsider.com/Globe+PR+Wire)

[5] [IoTeX (@iotex_io)/X](https://x.com/iotex_io?lang=en)

[6] [IoTeX中文社区(@iotex_cn)/X](https://x.com/iotex_cn?lang=en)

[7] [U Power Announces Strategic Partnership with IoTeX to Accelerate Expansion of Web 3.0 AI-Powered Energy and Transportation System Solutions](https://www.news10.com/business/press-releases/cision/20250723CN35881/u-power-announces-strategic-partnership-with-iotex-to-accelerate-expansion-of-web-3-0-ai-powered-energy-and-transportation-system-solutions)