NaaS Technology Rapidly Expands Charger Connections, Enhances Supply-Side Infrastructure

Core Insights - NaaS Technology Inc. has connected approximately 1.15 million chargers to its network as of September 30, 2024, representing a 30% increase from the end of 2023, which is higher than the national average growth rate of 22% during the same period [1][2][3] Company Overview - NaaS Technology Inc. is the first U.S.-listed EV charging service company in China and is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China [4] - The company provides comprehensive solutions for energy asset owners, including charging services and energy solutions, supporting all stages of energy assets' lifecycle [4] Technological Advancements - The company utilizes AI-powered technologies and its NaaS Energy Fintech system to enhance partner profits, operational efficiency, and predictive maintenance, thereby revolutionizing the supply-side value chain [2] - NaaS is committed to investing in supply-side capabilities and technological advancements to strengthen its position in the EV charging network across China [2] Market Position and Strategy - NaaS aims to drive supply and demand growth in the EV charging industry through strategic partnerships, enhancing access and convenience for users while creating long-term value for stakeholders [2]