#China #Wuhan #NaaS Technology #Carbon Credit #Kuaidian

NaaS Technology Inc. Completes Major Carbon-Inclusive Credit Transaction

In a groundbreaking achievement for the electric vehicle (EV) sector, NaaS Technology Inc. (Nasdaq: NAAS), recognized as the first U.S.-listed EV charging service provider in China, has made significant strides in green mobility. The company recently announced the successful completion of a 21,000-ton carbon-inclusive credit transaction in collaboration with its strategic partner, Kuaidian, aimed at enhancing monetization efforts in electric vehicle charging scenarios in Wuhan.

This latest transaction represents a substantial advancement following NaaS's inaugural carbon credit deal that took place in January 2025. The completion of these projects marks a notable turning point in the broader implementation of carbon-inclusion mechanisms within the burgeoning green transportation sector at a regional level.

NaaS has employed its self-developed carbon asset trading platform to effectively meet the demands of carbon credit buyers. This platform offers comprehensive solutions that encompass various aspects, including carbon asset development, digital ledger management, certification applications, transaction matchmaking, and the execution of settlements. The company has systematically leveraged its extensive charging network, sophisticated AI capabilities, and expertise in carbon-inclusive services to create an end-to-end management solution for carbon assets. This all-encompassing approach covers carbon asset planning, digital asset management, and closed-loop transaction execution, thus creating a scalable model suitable for widespread commercialization within the EV charging landscape. Furthermore, it opens up pathways for increased public engagement in carbon neutrality initiatives.

The backdrop of this transaction coincides with China's steady progress towards achieving its