TIANJIN, China - NaaS Technology Inc. (NASDAQ: NAAS), a pioneer in electric vehicle (EV) charging services in China, has announced a strategic partnership with CATARC New Energy Vehicle Test Center (Tianjin) Co., Ltd. to enhance the global EV charging infrastructure. This collaboration is aimed at improving the charging experience for EV owners and expanding the reach of China's EV charging solutions internationally.
The partnership between NaaS and China Automotive Technology & Research Center (CATARC), a prominent state-owned enterprise in automobile industry standards and research, will utilize digital and AI technologies to create a seamless charging experience for EV drivers. The initiative plans to cover a wide range of services, from locating public charging stations to handling payments and invoicing, across Europe, the Americas, Australia, and Southeast Asia.
Additionally, the alliance will support EV manufacturers and charging station operators by validating charging performance and exploring joint ventures to build and operate international charging infrastructure. This strategic move is expected to strengthen the global presence of China's EV industry.
NaaS' president and chief financial officer, Mr. Alex Wu, highlighted the importance of the partnership, stating that it will leverage technical advantages and market resources to provide convenient and efficient charging services worldwide, aligning with carbon neutrality goals.
Jidong Gao, General Manager of CATARC New Energy Vehicle Test Center, expressed confidence in the cooperation with NaaS, emphasizing its potential to drive technical innovation and overseas market growth for the EV industry.
NaaS has recently achieved CE certification for 14 of its charging piles designed for the EU, Middle East, and Asia-Pacific markets. The certified products include 8 types of DC charging piles with powers ranging from 50 to 240kW and 6 types of AC charging piles with powers of 7kW, 11kW, and 22kW. These products have passed safety, performance, and environmental tests, meeting local market standards.
As a global new energy asset operator equipped with AI and digital technology, NaaS provides comprehensive services for the entire industry chain, including site consultation, engineering, procurement, and construction (EPC), operation and maintenance, energy storage, photovoltaics, and automatic charging robots.
As of September 30, 2023, NaaS has connected over 767,000 chargers across 73,000 charging stations. In the third quarter of 2023, the company's charging volume increased by 66% year over year to 1.383 billion kWh, accounting for 21.8% of the public charging volume in China.
This announcement is based on a press release statement from NaaS Technology Inc.
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