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home / news releases / NAAS - NaaS and Hyundai enter EV-charging business partnership

NAAS - NaaS and Hyundai enter EV-charging business partnership

Naas Technology Inc.

2023-08-16 06:06:28 ET

  • EV charging service company NaaS ( NASDAQ: NAAS ) and Hyundai Motor Group (China) to develop an efficient charging management service for Hyundai car owners to meet growing demand.
  • The two parties will empower potential EV charging businesses via partnership.
  • China Association of Automobile Manufacturers (CAAM) statistics suggested that in 2023, electric passenger vehicle sales in China will reach 9 million, with annual penetration of EVs expected to climb to 36%.
  • "Charging facilities as a significant component of new infrastructure serves a crucial role in improving the penetration of EVs," Wang Yang, Founder and CEO of NaaS said.
  • Source: Press Release

For further details see:

NaaS and Hyundai enter EV-charging business partnership
Stock Information
Company Name: Naas Technology Inc.
Stock Symbol: NAAS
Market: NASDAQ
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