BEIJING, Jan. 30,
2025 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq:
NAAS) ("NaaS" or the "Company"), the first U.S.-listed EV charging
service company in China, recently announced successful
completion of China's first-ever
carbon emission reduction credit transaction in the electric
vehicle (EV) charging arena. In partnership with Hubei Zhongtan
Asset Management Co., Ltd. ("Zhongtan Asset Management"), NaaS
facilitated the sale of 1,962 tons of carbon emission reductions
generated from EV charging adoption. This milestone transaction
establishes a new benchmark in deploying green mobility and
advancing carbon neutrality.
Since 2021, NaaS has been at the forefront of integrating carbon
reduction into EV charging sector. The Company launched its
industry-first EV charging carbon account, enabling EV users to
track and redeem carbon points earned from daily charging
activities. These carbon credits, including 1,962 tons generated
between September 24 and October 29,
2024, were collected via Kuaidian platform, NaaS's strategic
partner. Through the Kuaidian app, mini-programs, and third-party
portals, EV users can authorize their accounts to engage in green
mobility initiatives. This process allows users to accumulate
carbon reduction points that can be redeemed for incentives such as
charging fee discounts, generating a positive closed-loop ecosystem
of green mobility and carbon reduction transactions to further
motivate EV users. As of June 30,
2024, over 800,000 users have selected carbon accounts,
showcasing the platform's leadership in contribution to
environmental sustainability.
Ms. Yang Wang, Chief Executive
Officer of NaaS, commented: "Our execution of this inaugural
transaction proves the viability and the market potential of EV
charging carbon credits for our current and potential users. By
leveraging our scalable platform and partnerships, we are driving
business growth while combating climate changes. Looking ahead,
NaaS remains committed to expanding our carbon reduction
initiatives and accelerating the adoption of green mobility
solutions. With significant growth potential in EV charging carbon
credits, we are poised to play a key role in leading transportation
decarbonization and advancing China's carbon neutrality targets for
environmental protection."
About NaaS Technology Inc.
NaaS Technology Inc. is the first U.S. listed EV charging
service company in China. The
Company is a subsidiary of Newlinks Technology Limited, a leading
energy digitalization group in China. The Company provides one-stop solutions
to energy asset owners comprising charging services, energy
solutions and new initiatives, supporting every stage of energy
assets' lifecycle and facilitating energy transition.
Safe Harbor Statement
This press release contains statements of a forward-looking
nature. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. You can identify these forward-looking statements by
terminology such as "will," "expects," "believes," "anticipates,"
"intends," "estimates" and similar statements. These
forward-looking statements involve known and unknown risks and
uncertainties and are based on current expectations, assumptions,
estimates and projections about the Company and the industry. All
information provided in this press release is as of the date
hereof, and the Company undertakes no obligation to update any
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that its expectations will turn
out to be correct, and investors are cautioned that actual results
may differ materially from the anticipated results. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: NaaS' goals and strategies; its future
business development, financial conditions and results of
operations; its ability to continuously develop new technology,
services and products and keep up with changes in the industries in
which it operates; growth of China's EV charging industry
and EV charging service industry and NaaS' future business
development; demand for and market acceptance of NaaS' products and
services; NaaS' ability to protect and enforce its intellectual
property rights; NaaS' ability to attract and retain qualified
executives and personnel; the COVID-19 pandemic and the effects of
government and other measures that have been or will be taken in
connection therewith; U.S.-China trade war and its effect on
NaaS' operation, fluctuations of the RMB exchange rate, and NaaS'
ability to obtain adequate financing for its planned capital
expenditure requirements; NaaS' relationships with end-users,
customers, suppliers and other business partners; competition in
the industry; relevant government policies and regulations related
to the industry; and fluctuations in general economic and business
conditions in China and globally. Further information
regarding these and other risks is included in NaaS' filings with
the SEC.
For investor and media inquiries, please contact:
Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com
Media inquiries:
E-mail: pr@enaas.com
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SOURCE NaaS Technology Inc.
