0
0
BEIJING, 16 August 2023: NaaS and Hyundai Collaboration NaaS (NASDAQ: NAAS), a prominent electric vehicle (EV) charging service company, has joined forces with Hyundai Motor Group (China), the world’s third-largest automaker. This strategic partnership aims to elevate EV charging services and cultivate potential business ventures in the rapidly expanding EV market.
Efficient Charging Solutions for Hyundai Owners
The collaboration between NaaS and Hyundai Motor Group’s Chinese entity focuses on creating efficient charging management services tailored for Hyundai car owners. The aim is to equip Hyundai models with advanced charging solutions, enabling real-time monitoring of charging status and installation updates through a dedicated smart service app or the center console.
Empowering the EV Revolution in China
China’s Association of Automobile Manufacturers (CAAM) predicts that electric passenger vehicle sales will surge to 9 million in 2023, with a projected EV penetration rate of 36%. To accommodate this exponential growth, substantial investments are being directed toward expanding charging infrastructure in China.
NaaS’s Commitment to Enhancing EV Charging
Wang Yang, NaaS’s Founder and CEO, underscores the crucial role of charging facilities in driving EV adoption. Collaborating with key players in the new energy industry chain, the company aims to provide users with faster, more convenient, and cost-effective charging services. The partnership with Hyundai (China) is poised to advance the evolution of charging services.
Hyundai’s Vision for EV Service Enhancement
Hyundai recognizes China as the world’s most significant and rapidly expanding EV market. The country not only excels in EV sales and charging infrastructure but also demonstrates exceptional EV service quality. This collaboration with NaaS enables Hyundai to refine and expand charging services, delivering a more seamless and updated charging experience for EV car owners.
Impressive Network and Charging Volume of NaaS
NaaS boasts an extensive network, comprising 55,000 charging stations and 575,000 chargers as of March 31, 2023. The first quarter witnessed a remarkable charging volume of 1.023 billion kWh, accounting for 21% of China’s public charging volume.
Conclusion
A Bold Step Forward in EV Charging The strategic partnership between NaaS and Hyundai (China) underscores a shared commitment to revolutionizing the EV charging landscape. As EV adoption skyrockets in China, this collaboration aims to offer Hyundai car owners enhanced charging services and pave the way for innovative business opportunities. With former’s expansive network and Hyundai’s automotive expertise, the partnership is poised to drive the evolution of charging solutions in the dynamic world of electric mobility.
