ASX-Dividend-Report-Banner

NaaS Technology Forms Strategic Partnership with CATARC New Energy Vehicle Test Center, Forging a Global 'Charging Ecosystem'

March 08, 2024 12:16 AM AEDT | By Cision
 NaaS Technology Forms Strategic Partnership with CATARC New Energy Vehicle Test Center, Forging a Global 'Charging Ecosystem'
Image source: Kalkine Media
  • NaaS leverages its capabilities in digital technologies and AI innovations to form a global 'charging ecosystem' applied to going-global EVs.
  • A holistic offering of charging services will be integrated to China's EVs, enhancing their charging station accessibility and overall charging experience. 

TIANJIN, China, March 7, 2024 /PRNewswire/ -- NaaS Technology (NASDAQ: NAAS) ("NaaS" or the "Company"), the first US-listed EV charging service company in China, today announced their strategic partnership with CATARC New Energy Vehicle Test Center (Tianjin) Co., Ltd. (the "Center"). This collaboration signifies a leap towards internationalizing China's EV charging solutions, bringing comprehensive services to the global stage.

NaaS has joined forces with China Automotive Technology & Research Center (CATARC), a leading state-owned enterprise in automobile industry standards and research to harness digital and AI technologies. This collaboration will facilitate seamless charging experiences for EV owners across Europe, the Americas, Australia, and Southeast Asia through a variety of platforms, covering everything from locating public charging stations to payment and invoicing.

The alliance will not only cater to EV manufacturers and charging station operators by validating charging performance both domestically and abroad but also explore joint ventures in constructing and operating international charging infrastructure. This strategic move is set to bolster the global presence of China's EV industry.

Mr. Alex Wu, NaaS' president and chief financial officer, said, "This strategic partnership with CATARC New Energy Vehicle Test Center is a significant stride in our global outreach efforts. Leveraging the technical advantages and market resources of both parties, we will provide convenient and efficient charging services for EV owners worldwide, while contributing to carbon neutrality practices."

Jidong Gao, General Manager of CATARC New Energy Vehicle Test Center, commented, "We believe that the cooperation with NaaS is poised to be a formidable force, in driving technical innovation and overseas market expansion of the EV industry, ensuring its sustainability development."

This marks a significant milestone of NaaS on its way towards overseas market services in the EV industry, achieving CE certification for its 14 charging piles tailored for EU, Middle East and Asia-Pacific. The CE-certified products of NaaS encompass 8 types of DC charging piles ranging from 50 to 240kW in power and 6 types of AC charging piles with power of 7kW,11kW and 22kW respectively. These products have all passed rigorous safety, performance, and environmental tests, and met relevant local market standards.

As a global new energy asset operator, also equipped with AI and digital technology and accumulated charging connective network, NaaS provides holistic services for entire industry chain globally, including siting consultation, EPC, operation & maintenance, energy storage, PV and automatic charging robots, to boost industrial efficiency.

As of September 30, 2023, NaaS connected over 767,000 chargers covering 73,000 charging stations; in the third quarter of 2023, NaaS' charging volume leaped 66% year over year to 1.383 billion kWh, representing 21.8% of the public charging volume in China.

Media Enquiry: Sabrina Wang, [email protected]


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.