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NaaS (NASDAQ: NAAS), the primary listed EV charging service firm in China, demonstrated its improvements on the Power2Drive Europe exhibition. The occasion was held as part of The smarter E Europe, the most important platform of Europe’s vitality business, on the Messe München in Munich, Germany between June 14 and 16, 2023.
Power2Drive Europe is a world exhibition for charging infrastructure and E-mobility, shining the highlight on charging programs, EVs, traction batteries in addition to mobility companies. As part of The smarter E Europe platform, the occasion is collectively anticipated to function over 2,400 exhibitors and welcome greater than 85,000 guests. 
Workers of NaaS launched NaaS’s expertise at P2D Europe
The exhibition marks that NaaS's computerized charging robotic has appeared in Europe. Created by the NaaS Automated Power Replenishment Answer workforce, the robotic is provided with an array of sensors that work greatest in closed environments. From navigation to connecting to the car's charging port, the charging bot can do all of it with out human enter. The driving force solely must summon the bot by tapping on their sensible gadgets.
On the occasion, NaaS additionally showcases its totally digitized charging service platform and {hardware} for shopper and enterprise use instances. NaaS’s versatile options portfolio, encompassing 7kW to 22kW AC merchandise, covers each dwelling EV charging software. Additional extending its benefits, NaaS leverages photo voltaic vitality options from its companions, reinforcing its dedication to greenifying the transportation business.
The pattern of ICE to EV transition is occurring everywhere in the world. In line with the information of Worldwide Power Company，the worldwide penetration price has hit 14% and additional to 60% by 2030. EV penetration within the EU is rising at an astonishing price. At the moment, EVs outnumber chargers 14 to 1 within the EU. This imbalance represents a spot in service availability and hinders the adoption price of EVs. NaaS's energy is having a full ecosystem that has proved to others which we are able to ship in China, a somewhat advanced ecosystem. NaaS's modern enterprise mannequin is able to seize the untapped market potential.
“Europe is clearly a mature market the place the EV penetration price is excessive and the ecosystem is effectively developed,” stated Allen Dong, NaaS's President of Europe and Center East，It has additionally fostered favorable market circumstances for EVs to thrive in the long run, which creates the suitable alternative for NaaS to assist its development. Our technique within the EU is to leverage the present gross sales and advertising and marketing channels.
NaaS accounted for 20% of the nation's public charging quantity in 2022 and has linked 55,000 charging stations and 575,000 chargers as of March 31, 2023. NaaS's look at Power2Drive Europe additional strengthens its dedication to bringing cutting-edge options to the worldwide stage. As the corporate accelerates its worldwide enterprise technique in Europe, it's additionally trying to increase into Southeast Asia, the Center East, and different world markets.
Recently, NaaS introduced it has accomplished the SPO transaction of three.5 million American Depository Shares (ADS). The transaction concerned notable traders corresponding to Dr. Adrian Cheng and CST Group (0985. HK), a well-established HK-listed firm. And NaaS acquired over 89% Stake in Sinopower HK on June 12, 2023.
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