BEIJING, Oct. 17,
2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq:
NAAS) ("NaaS" or the "Company"), the first U.S.-listed EV charging
service company in China, today
announced a strategic partnership with a leading regional charging
station operator in Fujian
Province. This collaboration will integrate over 100
charging stations and 1,600+ DC fast chargers into NaaS's strategic
partner Kuaidian's charging service network, broadening NaaS's
presence in major cities such as Xiamen and Fuzhou and extending the Company's regional
coverage to smaller cities including Ningde, Longyan, Sanming, and
Putian.
The partnership will focus on charging facility
interconnectivity, targeted traffic guidance, and seamless
payments, enhancing the availability and convenience of charging
services in the region. As of August
2024, Fujian had over
700,000 NEVs and more than 105,000 public charging piles, with
Xiamen and Fuzhou experiencing robust growth in NEV
penetration. Xiamen's NEV
ownership currently exceeds 190,000, representing 10% of total
vehicle ownership, surpassing the national average of 7.4%.
Meanwhile, monthly NEV sales penetration rates in Xiamen and Fuzhou are approaching 55%, also outpacing the
national average.
Ms. Yang Wang, Chief Executive
Officer of NaaS, commented, "China's NEV market is growing rapidly, driving
increased demand for efficient charging solutions and enhanced
infrastructure nationwide. With our wide cross-regional footprint
and innovative technology, NaaS is well-positioned to meet these
urgent needs. Collaborations like this one will boost the supply of
charging stations and enhance digital user acquisition capabilities
for operators, creating win-win outcomes for participants all along
the industry value chain. Going forward, we will continue enhancing
interconnectivity, expanding our supply and demand matching
capabilities, and strengthening our partner ecosystem to propel the
development of the charging industry in Fujian and beyond."
In addition to the Company's strategic focus on
interconnectivity, NaaS continues to holistically enhance the
industry's supply and demand ecosystem. In the first half of 2024,
NaaS expanded partnerships with prominent NEV brands such as BYD,
FAW-Volkswagen, NETA, IM Motors, and JI
YUE, integrating its charging services into EV's
infotainment systems for a seamless customer experience. NaaS also
embedded its charging services into third-party platforms including
digital map providers, commercial and passenger vehicle services,
and automotive aftermarket service providers, providing
comprehensive coverage across various driving scenarios. On the
supply side, NaaS leverages its NEF (NaaS Energy Fintech) system,
which utilizes AI-driven dynamic pricing based on real-time demand
and electricity supply, to improve charging operators'
profitability and maximize station revenue. Users can conveniently
locate nearby charging stations, view real-time pricing,
availability, and other details via the Kuaidian app, and enjoy
seamless charging and payment with just one click.
About NaaS Technology Inc.
NaaS Technology Inc. is the first U.S. listed EV charging
service company in China. The
Company is a subsidiary of Newlinks Technology Limited, a leading
energy digitalization group in China. The Company provides one-stop solutions
to energy asset owners comprising charging services, energy
solutions and new initiatives, supporting every stage of energy
assets' lifecycle and facilitating energy transition.
Safe Harbor Statement
This press release contains statements of a forward-looking
nature. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. You can identify these forward-looking statements by
terminology such as "will," "expects," "believes," "anticipates,"
"intends," "estimates" and similar statements. These
forward-looking statements involve known and unknown risks and
uncertainties and are based on current expectations, assumptions,
estimates and projections about the Company and the industry. All
information provided in this press release is as of the date
hereof, and the Company undertakes no obligation to update any
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that its expectations will turn
out to be correct, and investors are cautioned that actual results
may differ materially from the anticipated results. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: NaaS' goals and strategies; its future
business development, financial conditions and results of
operations; its ability to continuously develop new technology,
services and products and keep up with changes in the industries in
which it operates; growth of China's EV charging industry and EV charging
service industry and NaaS' future business development; demand for
and market acceptance of NaaS' products and services; NaaS' ability
to protect and enforce its intellectual property rights; NaaS'
ability to attract and retain qualified executives and personnel;
the COVID-19 pandemic and the effects of government and other
measures that have been or will be taken in connection therewith;
U.S.-China trade war and its
effect on NaaS' operation, fluctuations of the RMB exchange rate,
and NaaS' ability to obtain adequate financing for its planned
capital expenditure requirements; NaaS' relationships with
end-users, customers, suppliers and other business partners;
competition in the industry; relevant government policies and
regulations related to the industry; and fluctuations in general
economic and business conditions in China and globally. Further information
regarding these and other risks is included in NaaS' filings with
the SEC.
For investor and media inquiries, please
contact:
Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com
Media inquiries:
E-mail: pr@enaas.com
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SOURCE NaaS Technology Inc.