BEIJING, March 1, 2024 /PRNewswire/ -- On February 26, the Sixth Session of the United Nations Environment Assembly (UNEA-6) kicked off at Nairobi, the Capital of Kenya. Environment ministers and heads of relevant authorities from more than 180 countries worldwide attended the conference. As the only Chinese enterprise invited and presented at the UN Science-Policy-Business Forum (UNSPBF), NaaS Technology (NASDAQ: NAAS) shared its green promises and digitalized practices on the scene, providing new proposal ...

Core Insights - NaaS Technology has partnered with Geely Auto to enhance the EV charging service network in China, focusing on connectivity, data sharing, and payment services [1][2][3] - The collaboration aims to improve the charging experience for Geely EV owners through features like "one-click pile searching" and "one-click payment" [2][3] - Geely Auto has reported significant growth in EV sales, with a 591% year-on-year increase in January 2024, indicating strong market demand [3] Company Developments - NaaS Technology, as a new energy asset operator, offers a comprehensive service package that includes consultation, operation, maintenance, and digital solutions for charging stations [4] - As of September 30, 2023, NaaS has connected over 767,000 chargers across 73,000 charging stations, with a 66% year-on-year increase in charging volume to 1.383 billion kWh [4] Industry Trends - The Chinese government emphasizes the need for intelligent transformation of electrical grid infrastructure and the establishment of a robust charging network to support the rapid growth of EVs [4] - Geely Auto is actively pursuing new energy and intelligent transformation across various technological paths, solidifying its position in the EV market [3]

Core Insights - NaaS Technology and Chancheng City Construction Group signed a strategic cooperation agreement to establish a joint venture with a planned investment of RMB 1 billion, focusing on new energy infrastructure investment management [1][2][3] Group 1: Joint Venture Details - The joint venture will operate in Chancheng District, Foshan City, and will engage in new energy infrastructure investment management, including charging stations, PV projects, and energy storage projects [2][3] - The agreement aims to leverage the strengths of both companies in industry, technology, and customer resources to develop new models in the new energy sector [3] Group 2: Industry Context - The collaboration comes amid increased government support for the electric vehicle industry, highlighting the importance of charging infrastructure [4] - The partnership aims to enhance the charging network, improve the travel experience for EV users, and contribute to the sustainable development of the EV industry in Foshan City and the Guangdong-Hong Kong-Macao Greater Bay Area [4]

BEIJING, Feb. 22, 2024 /PRNewswire/ -- Global Environmental Information Research Center CDP (formerly known as Carbon Disclosure Project), also a leading global carbon emissions rating agency, has recently announced its latest CDP Score Report. NaaS Technology (NASDAQ: NAAS), participating for the first time in the assessment, achieved a "B" rating for Climate Change, surpassing the global average rating of "C". Established in the UK in 2000, CDP is widely recognized as a gold standard for corporate environ ...

Core Insights - NaaS Technology Inc. achieved a "B" rating in climate change from the CDP, surpassing the global average rating of "C" [1][4]. Group 1: CDP Rating and Significance - The CDP Score Report allows companies to understand their scores and identify areas for improvement, promoting environmental stewardship through benchmarking [2]. - The CDP rating system is widely recognized as a standard for corporate environmental transparency, assessing emissions through various dimensions [3]. Group 2: Company Initiatives and Achievements - NaaS Technology has integrated ESG principles into its products, services, and governance, offering a range of services across the entire new energy industry chain [3]. - As of the first half of 2023, NaaS Technology achieved carbon emissions reduction of 1.463 million tons and developed an innovative carbon benefit mechanism to encourage user participation in carbon reduction [4]. - The company received international recognition for its sustainable development practices, scoring 60 in the S&P Global Corporate Sustainability Assessment, placing it above 98% of its peers [4].

BEIJING, Feb. 8, 2024 /PRNewswire/ -- Recently, NaaS (NASDAQ: NAAS) staged a huge bullish run in the NASDAQ market, with its stock price soaring by nearly 70% in just two weeks. As of the closing on February 7, its stock price reached $1.81 per share, 70% above its previous low. Underpinning the sudden rise was good news about the company's operation performance and future growth potential.   On February 8, 2024, NaaS announced that its charging network services achieved Net Take Rate (NTR，transaction-side ...

BEIJING, Feb.8, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today provided an update on its recent business developments and announced its revised revenue guidance for the financial year ended December 31, 2023. Focusing on improving operational efficiency, the Company has achieved a positive net take rate (NTR, transaction-side gross margin) while maintaining a 49% year-over-year growth in charging volume f ...

Core Insights - NaaS Technology achieved a total CSA score of 60 points in the S&P Global Corporate Sustainability Assessment, surpassing 98% of its global peers in the retail industry and significantly exceeding last year's industry average score of 18 points [1][5] Group 1: ESG Performance - The S&P Global Corporate Sustainability Assessment is a major annual evaluation of corporate sustainable development practices, analyzing around 1,000 data points for each company to derive ESG scores [2] - NaaS has integrated ESG governance into its corporate development philosophy, promoting green development through low-carbon operations and technological innovation [3] Group 2: Carbon Emission Reduction - In the first half of 2023, NaaS reduced 1.463 million tons of carbon emissions and developed an inclusive carbon innovation mechanism, engaging over 594,000 users by awarding carbon credits [4] - NaaS joined the Science Based Targets initiative (SBTi) in August 2023, becoming the first new energy charging service company in China to set commitment targets [4] Group 3: Recognition and Awards - NaaS received multiple awards in 2023 for its ESG practices, including the People's Corporate Social Responsibility Award for Green Development and recognition as the "Best Listed Company at ESG Information Disclosure" [5] - The company's performance in ESG has garnered significant attention and recognition from various sectors, reflecting the international capital market's acknowledgment of its commitment to sustainable development [5]

Group 1 - NaaS Technology Inc. has been included in the investment portfolio of PMC Diversified Equity Fund (PMDEX) in Q4 2023, indicating growing institutional interest in China's EV charging services market [1] - PMDEX, managed by Envestnet's Quantitative Research Group, follows a factor-based approach and has allocated NaaS within its consumer retail category alongside major companies like Amazon and Alibaba [2] - The Chinese new energy vehicle market is attracting institutional attention, with notable funds such as the WilderHill Clean Energy ETF and Fidelity NASDAQ Composite Index Fund increasing their positions in NaaS during Q4 2023 [3] Group 2 - NaaS Technology Inc. is the first U.S. listed EV charging service company in China, providing comprehensive EV charging solutions and holding a significant market share of 41.6% in public chargers and 50.0% in charging stations as of September 30, 2023 [4]

BEIJING, Jan. 26, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included in the most recent investment portfolio of the Carbon Collective Climate Change Solutions ETF (CCSO.O). This is the first time for NaaS to be held by an actively managed ETF. Headquartered in San Francisco, the Carbon Collective is an online investment company that concentrates on climate change-related inv ...