BEIJING, August 14, 2023, NaaS(NASDAQ: NAAS), a leading EV charging service company, combined with the world’s third-largest Automaker, Hyundai Motor Group(China), to develop efficient charging management service for Hyundai car owners. Furthermore, two parties will empower potential EV charging businesses via partnership.

The partnership between NaaS and Chinese entity of Hyundai Motor Group made charging services and solutions for order management to be equipped with Hyundai models. Hyundai car owners can check charging and charger installation status in real-time through a smart service App or at the center console. 

NaaS and Hyundai Motor Group(China) signing ceremony in Beijing

China Association of Automobile Manufacturers (CAAM) statistics suggested that in 2023, electric passenger vehicle sales in China will reach 9 million, with annual penetration of EVs expected to climb to 36%. Increasingly investment in charging infrastructure has been devoted in China to meet the growing demand for charging.

“Charging facilities as a significant component of new infrastructure serves a crucial role in improving the penetration of EVs,” Wang Yang, Founder and CEO of NaaS stated, “partnered with new energy industry chain players, NaaS will engage users in faster, easier and more cost-effective charging service, and work with Hyundai Motor Group (China) to spur the upgrade of charging services.”

“China is the world’s biggest and fastest-growing EV market. The country not only has outstanding performance in EV sales and quantity of charging infrastructure built but also excels in EV service quality. This will provide a valuable reference for Hyundai’s action of advancing EV service in the global market. Through cooperation with NaaS, Hyundai Motor Group will continue to improve and expand charging services to provide EV car owners with a more convenient and updated charging service experience.”Hyuk Joon Lee, President and Head of China Operations at the Hyundai Motor Group said.

As of March 31, 2023, NaaS’ extensive network has connected 55,000 charging stations and 575,000 chargers as of March 31. The charging volume in the first quarter was 1.023 billion kWh, representing 21% of the public charging volume in China. 

For media inquiries, please contact: pr@enaas.com

This press release was originally published on this site

You May Also Like

KRACRYPTOS Accelerates the Development of a Global Digital Asset Trading Platform

As the global digital asset industry continues to evolve, competition among trading…

CoupGuard Limited Strengthens Support for Financial Fraud Victims Through Evidence-Led Investigation and Recovery Guidance

The company provides confidential case reviews and structured investigative support for victims…

Exito Media Concepts Announces the 51st Edition of the Digital Transformation Summit UAE

Sofitel, Abu Dhabi, November 6, 2026 Exito Media Concepts, a global leader…

Top Crypto Voices Take the Stage at Blockchain Life 2026 in Dubai!

Dubai, UAE, November 6, 2026 On December 1-2, Blockchain Life 2026 will…

Unchained Summit India Brings Cross-Border Payments and Digital Finance into Focus as A7 Internation

Mumbai, India, November 6, 2026 A7 International has joined Unchained Summit India…

The Road Ahead for DRIVX: Entering the Final Presale Stage with Real Utility

The cryptocurrency landscape is continuously evolving, shifting away from purely speculative tokens…

Tapstitch Examines Fashion Apparel Print-on-Demand Service Choices

United States of America, November 5th — Tapstitch presents a framework for…

Ian Issa’s Principles: The Beliefs That Shape HashNet

You can learn a lot about a company from its founder’s convictions.…

Camtep Prepares for UK Industry Exhibition as Cross-Border Collaboration Platform Development Continues

Camtep is preparing to take part in UK Packaging Expo 2026 at…

Line Avenue Introduces Privileged Access Program for Its Banking and Trading Platform

The New York based fintech company opens an access code entry point…