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NaaS Technology Inc. Announces Strategic Partnership with IM Motors

NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S. listed EV charging service company in China, today announced a strategic partnership with IM Motors, an electric vehicle joint venture among Alibaba, SAIC Motor, and Zhangjiang Hi-Tech, focused on the design and manufacture of high-end intelligent electric vehicles.

This collaboration significantly expands NaaS’s automotive ecosystem partnerships, leveraging its extensive nationwide charging network to offer IM Motors customers enhanced service features. This partnership will provide IM Motors customers with access to a broader range of intelligent, efficient, and convenient charging options, while also promoting open sharing within the charging service industry and accelerating the development of new energy vehicles.

Under the agreement, both parties will utilize their respective strengths in technology, platforms, and resources to enhance platform interoperability and upgrade charging experience. IM Motors users can leverage their app and in-car charging maps to view real-time information regarding the location, pricing, equipment status, and parking fees of charging stations connected to the NaaS network. With a simple scan, drivers can enjoy a seamless, intelligent service experience featuring interoperable charging stations, plug-and-play capabilities, and one-touch payment solutions.

This significantly improves the speed and efficiency of locating charging stations, helping new energy vehicle manufacturers enhance the competitiveness of their charging services and opening up extensive opportunities for both companies to enrich the new energy vehicle ecosystem.

NaaS focuses on connecting driver users to charging infrastructure by expanding its charging service network and integrating charging services into more intelligent vehicle central control systems. Currently, it has established comprehensive charging service partnerships with mainstream new energy vehicle manufacturers in China, including BYD, Geely, Hyundai, Zeekr, AITO, Great Wall Motor, GAC Aion, Deepal Auto, NIO, Li Auto, XPeng, FAW-Volkswagen, Arcfox, JI YUE, Voyah, and Neta Auto. Powered by advanced AI technologies, NaaS’s charging services now cater to over 150 new energy vehicle models, enhancing user experience and safety across its extensive charging network.