NaaS Technology Joins Forces with Foshan Chancheng City Construction Group to Advance Regional New Energy Infrastructure Development

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]