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MVL Enters into Strategic Partnership with PowerPod

7 May 2024


MVL, a leading innovator in the mobility sector, is thrilled to announce a strategic partnership with PowerPod, a pioneering force in decentralized energy networks. This collaboration marks a significant step forward in advancing the DePIN(Decentralized Physical Infrastructure Network) ecosystem, revolutionizing both mobility and energy infrastructure on a global scale.


Powerpod is a DePIN project that aims at building the decentralized Internet of Energy, connecting global EVs, charging stations, solar panels, and energy storage into a unified network. Leveraging blockchain technology, PowerPod seeks to address the critical challenge of energy infrastructure while catalyzing the transition towards sustainable energy within the automotive industry.


In joining forces, MVL brings to the table its extensive DePIN ecosystem, which includes TADA, a prominent ride-hailing mobility service operating directly in Southeast Asia, and ONiON Mobility, a leading electric vehicle manufacturer and energy infrastructure provider.


Kay Woo, CEO of the MVL Foundation, expressed that "Through our collaboration with PowerPod, we're positioned to enhance our DePIN ecosystem, leveraging our combined resources and expertise to foster innovation and sustainability across both the mobility and energy sectors."


Ting Du, CEO of PowerPod, stated “Empowering mobility through blockchain innovation, PowerPod's partnership with MVL marks a transformative step towards unlocking the full potential of real-world asset data, driving efficiency, transparency, and value across the mobility ecosystem.”


Thank you. 


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MVL

40 Sin Ming Ln, Singapore 573958

ⓒ MVL Foundation Pte. Ltd. All rights reserved.

40 Sin Ming Ln, Singapore 573958

ⓒ MVL Foundation Pte. Ltd. All rights reserved.