U Power Launches Web 3.0 Battery-Bank and Battery-Token Solutions for EV Energy Storage
Brief news summary
U Power Limited has launched its innovative Battery-Bank initiative and Battery-Token solution, leveraging Web 3.0 blockchain technology and token-based economics to revolutionize energy storage and distribution for electric vehicles (EVs). This cutting-edge battery-swap blockchain strategy aims to decentralize EV energy asset management, marking a significant advancement in sustainable transportation infrastructure. Announced by strategic investor Chatchaval Jiaravanon of the CP Group at the "Web 3.0 Battery Swap Ecosystem Strategy Launch" in Hong Kong on June 20, the initiative seeks to create intelligent ecosystems that transform EVs into dynamic energy assets. Positioned at the forefront of the global tech movement toward a carbon-zero future, U Power plans to expand its battery-swap blockchain ecosystem internationally, targeting markets such as Hong Kong SAR, Singapore, Macau SAR, Peru, Mexico, and Portugal, to foster a worldwide sustainable energy storage network.U Power Limited has introduced its Battery-Bank initiative alongside a Battery-Token solution, both powered by Web 3. 0 blockchain technology and token-based economics. According to U Power, this battery-swap blockchain approach represents a significant advancement in decentralizing energy storage and distribution for electric vehicles. The initiative was unveiled by Chatchaval Jiaravanon, U Power’s strategic investor and a member of the influential CP Group family in Asia, during the “Web 3. 0 Battery Swap Ecosystem Strategy Launch” event held in Hong Kong on June 20. Jiaravanon stated, “U Power’s strategy involves creating intelligent ecosystems that integrate solutions capable of transforming EVs into dynamic energy assets.
This has positioned the company at the forefront of a global technological revolution aimed at a more sustainable future. We are developing a green, sustainable, carbon-zero energy storage ecosystem across multiple markets including Hong Kong SAR, Singapore, Macau SAR, Peru, Mexico, and Portugal. ” U Power intends to roll out its battery-swap blockchain ecosystem in various international markets, specifically Hong Kong SAR, Singapore, Macau SAR, Peru, Mexico, and Portugal.
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U Power Launches Web 3.0 Battery-Bank and Battery-Token Solutions for EV Energy Storage
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