#China #EV Charging #NaaS Technology #State Grid Hebei #Hebei

NaaS and State Grid Hebei Team Up to Boost EV Charging

NaaS Technology Inc., the pioneering U.S.-listed electric vehicle (EV) charging service company in China, is making waves with its newly announced partnership with State Grid Hebei. This strategic collaboration will integrate more than 2,800 public charging stations into NaaS’s ecosystem, significantly enhancing the EV charging landscape in Hebei Province.

Significance of the Partnership

The partnership aims to streamline and optimize the charging experience for over one million EV owners in key cities across Hebei, including Shijiazhuang, Baoding, Xingtai, and Cangzhou. By merging State Grid Hebei's extensive charging infrastructure with NaaS's innovative Kuaidian app, users will gain immediate access to features such as charging station locations, real-time updates on charger availability, seamless payment options, and navigational aids. This advancement aims not only to make charging more accessible but also more user-friendly.

NaaS's Vision for Better Charging Experience

Ms. Yang Wang, CEO of NaaS, shares the excitement regarding this collaboration. She states, “This partnership marks a significant milestone in our mission to enhance the charging ecosystem in China. By leveraging our AI-driven NaaS Energy Fintech (NEF) system alongside our vast network of strategic partnerships, we are transforming the overall charging experience.” According to her, such efforts contribute to improving operational efficiencies and facilitating the rapid adoption of EVs in vital regions.

Mr. Steven Sim, NaaS’s CFO, echoes this sentiment, highlighting how the partnership expands their market reach while showcasing the scalability of their NEF system. By extending their charging infrastructure, NaaS is not only reinforcing its market position but also committing to sustainable shareholder value through innovative solutions in the EV sector.

The Current EV Market in Hebei

The connection of additional charging stations comes at an essential time, as EV adoption rates in cities like Shijiazhuang and Baoding are skyrocketing. Recent data from the China Charging Alliance indicates that Hebei is home to approximately 1.03 million new energy vehicles, supported by 95,000 public chargers, making it fourth in the nation for public charging volume. Notable growth was observed in new car sales in Shijiazhuang, where penetration reached 49.95% in September 2024, reflecting a 45.4% year-on-year increase.

Efficiency Through Technology

Central to NaaS's strategy, the NEF system plays a critical role in enhancing regional charging efficiency. By harnessing real-time local demand data and dynamic electricity pricing, the system optimizes charging operations and improves user experience. Features such as intelligent site selection and operational oversight allow charging station operators to align their services more effectively with demand, enhancing profitability and efficiency.

As NaaS continues to expand its operational capabilities and market presence, the implications of such technological advancements are vast. The evolving NEF system has garnered significant recognition in the market, solidifying NaaS's status as a leading player in the competitive EV charging landscape.

Conclusion: A Bright Future for EV Charging

With the collaboration between NaaS Technology and State Grid Hebei, the future of electric vehicle charging in the province looks promising. This partnership not only reinforces the charging infrastructure but also strengthens user experience and operational efficiencies across the board. As EV adoption continues to surge in Hebei and beyond, NaaS is set to play a pivotal role in supporting this evolving landscape, making charging more accessible for all EV owners.