U Power Partners with IoTeX to Launch Tokenized Real-World Assets, Pioneering AI-Powered Web3 EV Battery Swapping Infrastructure
U Power Limited - Class A Ordinary Shares (UCAR)
Company Research
Source: PR Newswire
SHANGHAI, Sept. 29, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-powered solutions for next-generation energy grids and intelligent transportation systems, building on its proprietary UOTTATM electric vehicle (EV) battery-swapping technology, today announced the completion of its Real-World Assets (RWAs) issuance through a strategic partnership with IoTeX, a pioneering blockchain platform focused on transforming machine-generated data into collective intelligence for AI. As per the terms of the agreement, U Power and IoTeX, will collaborate to create a next-generation electric vehicle (EV) battery swapping system that uses blockchain (Web3), AI, and tokenized RWAs. Of note, in July 2025, both companies signed a Memorandum of Understanding ("MOU") and Business Cooperation Agreement to actively explore the tokenization of RWAs. These issued RWAs are backed by U Power's battery swapping
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News
- U Power Signs Initial €540,000 Sales Agreement with Polestar Energy for the Purchase and Deployment of Twenty Battery-Swapping Electric Vans in Southern EuropePR Newswire
- U Power Reports Unaudited Financial Results for the First Half of 2025PR Newswire
- U Power Signs Initial Sales Agreement with Treep Mobility for the Purchase and Deployment of Fifty Two- and Three-Wheeled Vehicles, Eight Battery-Swapping Cabinets and Corresponding Number of Compatible Batteries [Yahoo! Finance]Yahoo! Finance
- U Power Signs Initial Sales Agreement with Treep Mobility for the Purchase and Deployment of Fifty Two- and Three-Wheeled Vehicles, Eight Battery-Swapping Cabinets and Corresponding Number of Compatible BatteriesPR Newswire
- U Power (NASDAQ:UCAR) is now covered by analysts at Maxim Group. They set a "buy" rating and a $5.00 price target on the stock.MarketBeat
UCAR
Sec Filings
- 12/3/25 - Form 6-K
- 11/7/25 - Form 6-K
- 10/10/25 - Form 6-K
- UCAR's page on the SEC website