ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 25.Jun.2025, Words: 190) — U Power Limited, a provider of comprehensive electric vehicle (EV) battery-swapping solutions, launched its innovative battery-bank initiative as well as the development of a battery-token solution, using Web 3.0 blockchain and token-based economics.
The launch of battery-bank and battery-token strategy was announced by U Power’s strategic investor Chatchaval Jiaravanon, during the “Web 3.0 Battery Swap Ecosystem Strategy Launch” event held in Hong Kong on 20 Jun. 2025.