NaaS technology partners with Green Intelligent Link to provide one-stop charging services for commercial electric vehicles

BEIJING, July 8, 2022 /PRNewswire/ — NaaS Technology Inc. (NASDAQ: NAAS, “NaaS”, the “Company”), one of the largest and fastest growing electric vehicle charging service providers in China, announced that it has entered into a strategic partnership with smart connected car platform provider, Zhejiang Green Intelligent Link Co., Ltd. (“Green Intelligent Link”). Under the terms of the partnership, the two parties will provide one-stop charging solutions, including interconnection of charging stations and digital management of charging solutions for delivery and logistics fleets, in response to electric vehicle needs. rapidly developing (EV) market.

Through this partnership, vehicle owners using the Green Intelligent Link platform will have access to a network of high-quality charging batteries provided by Kuaidian, a partner of NaaS. In addition, the NaaS solutions will also give vehicle owners using the Green Intelligent Link platform access to a wide range of services, including more convenient card charging, balance allocation, charging ordering and billing. NaaS and Green Intelligent Link have already started implementing charging stack interconnections, as well as ordering data and payment services for smart charging scenarios. When completed, the solutions will provide efficient, convenient and affordable charging services to commercial vehicle owners.

Geely Commercial Vehicles is the leading commercial vehicle group in China focus on “going electric”, and its Farizon Auto is the leading commercial vehicle brand in China to complete the multipoint diagram of multi-energy systems and offer power supply options available on all of its product families. Green Intelligent Link, as one of Farizon Auto’s three platform companies, focuses primarily on urban delivery scenarios, with customized solutions based on fleet management service scenarios at its core. The company provides services to Huilian Car Rental, Huilian car service and Huilian Intelligent Control, aiming to provide customers with management services covering the entire life cycle of electric delivery and logistics vehicles.

In order to reach the China “dual carbon” objectives, the transition to electric vehicles is also accelerating in the utility vehicle market. Data from the China Association of Automobile Manufacturers (CAAM) shows that from January to May 202288,000 commercial electric vehicles were sold in China, a 71.4% year-on-year increase, in contrast to the 41.9% decline in overall sales of conventional utility vehicles. Regarding commercial electric vehicles identified as being used for delivery in urban areas, 67,600 of these vehicles were sold during the period from January to May 2022.

Currently, the number of logistics vehicles in China urban areas is about 20 million, with new energy vehicles accounting for only about 3% of the total. With the full implementation of China VI vehicle emission standards, the share of electric delivery vehicles is expected to gradually reach 30-40% of all delivery vehicles in the next few years. During this transition period, issues such as slow charging and shortage of support service facilities present challenges that will need to be addressed.

The collaboration between NaaS and Green Intelligent Link is expected to further improve charging efficiency and service capabilities for commercial electric vehicles and comprehensively improve the overall charging experience for vehicle owners. “Commercial electric vehicles are becoming a new area of ​​rapid growth,” said Dong Yang, Vice President of Geely New Energy Commercial Vehicle Group and General Manager of Green Intelligent Link. “Due to special vehicle scenarios, commercial electric vehicle drivers have a higher demand for support services. For commercial electric vehicle operators, the service represents an essential need and from there it becomes necessary extend services across the value chain to meet the needs of drivers Operators can also take the next step by implementing smart management through collaboration with all service providers throughout the value chain, in combination with the application of digital tools.”

“With the guidance and supervision of relevant policy authorities in China, the transition of commercial vehicles from gas to electric will continue to accelerate,” said Cathy Wang, Founder and CEO of NaaS. “NaaS is positioning itself as a ‘connector’ in the renewable energy sector. Through this partnership, we will connect commercial electric vehicle drivers to an interconnected charging network across the country, allowing drivers to charge their vehicles, reduce their costs and ensure the sustainable growth of the commercial electric vehicle industry.”

With the rapid development of the renewable energy sector, the transition of the adaptation of commercial vehicles from fossil fuels to electric power is changing from a “nice-to-have” to a “need-to-have”. In response to this green transformation, commercial EV service platforms such as those provided by Green Intelligent Link and third-party charging service providers such as NaaS are working together to continuously improve operational services for commercial EVs and improve charging services with the aim of jointly driving the large-scale use of these vehicles and contributing to the carbon neutrality of transport.

About NaaS Technology Inc.

NaaS Technology Inc. is one of the largest and fastest growing electric vehicle charging service providers in China. The company is a subsidiary of NewLink, a leading energy digitalization group in China. NaaS provides one-stop services to charging station manufacturers and operators, OEMs, companies with their own delivery fleets, and fleet operators, with online, offline, and non-electric services spanning the entire value chain of the electric vehicle sector. By 2021, NaaS had connected 290,000 charging stacks, with an annual charging capacity of more than 1,200 Gigawatt hours, representing approximately 18% of China public charging market and eliminating 900,000 tonnes of carbon emissions per year. On June 13, 2022NaaS Technology Inc. was officially listed on NASDAQ under stock code NAAS.

For more information, please visit NaaS Technology Inc.

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