Foresight News reports that electric vehicle infrastructure company U Power Limited (NASDAQ: UCAR) has announced a strategic partnership with IoTeX. As an open ecosystem platform driven by DePIN and AI, both parties will work together to expand the DePIN infrastructure network and promote the tokenization of real-world assets (RWA) on the blockchain.
This collaboration will drive the on-chain registration, asset tokenization, and full lifecycle management of UCAR's charging and battery swapping station facilities, releasing the liquidity and programmability of infrastructure assets, marking the first large-scale implementation of DePIN and AI-driven blockchain technology in physical energy networks.
The two parties also plan to include IOTX in UCAR's long-term asset reserve system and will engage in deep business integration around mobility infrastructure, jointly creating an RWA tokenization operation mechanism centered on IOTX as the core value.
