NaaS Technology, Inc. Sponsored ADR (NAAS.US) has reached a charging interconnection cooperation with Zhiji Automobile, continuing to expand the new energy ecosystem.

Recently, NaaS Technology, Inc. Sponsored ADR (NAAS.US) announced a cooperation with Zhiqi Automobile to achieve interconnection of charging services. Zhiqi is jointly created by SAIC Motor Corporation, Alibaba Group Holding Limited Sponsored ADR, and Shanghai Zhangjiang Hi-Tech Park Development. NaaS Technology, Inc. Sponsored ADR will open up its strategic partner Fast Charging Station's coverage of nationwide fast and super chargers. After the cooperation, it will enable interconnection of charging stations, payment settlement functions, providing Zhiqi car owners with more options for charging, enjoying more extreme, intelligent, and efficient charging services. This cooperation also helps promote the open sharing of charging services, accelerating the development of new energy vehicles. According to the agreement, both parties will leverage their respective technical, platform, and resource advantages to promote platform interconnection and upgrade charging experience. Zhiqi car users can use the app, in-car charging map to view the location, prices, real-time status of devices, parking fees, and other information of the chargers connected by NaaS Technology, Inc. Sponsored ADR. By simply scanning the code, the car owner can enjoy an intelligent service of "one-click finding, one-click charging, one-click payment", improving the speed and efficiency of finding charging stations, helping new energy vehicle companies enhance their charging service competitiveness. In the first half of 2024, the domestic sales and charging volume of new energy vehicles continue to show a rising trend. Data from the National Energy Administration shows that in the first half of this year, the total car charging volume was about 51.3 billion kilowatt-hours, a 40% increase year-on-year. In August 2024, the penetration rate of new energy vehicles in the domestic new car sales reached 53.9%, breaking through 50% for two consecutive months. The quality of charging services experience has become a key factor affecting the performance of the new energy vehicle market and user reputation. As a "national team of large-scale manufacturers" and a brand-new user-type automotive technology innovation company, Zhiqi Automobile is jointly created by SAIC Motor Corporation, Shanghai Zhangjiang Hi-Tech Park Development, and Alibaba Group Holding Limited Sponsored ADR. It is committed to becoming the "implementer of smart travel revolution in the intelligent era", deepening the intelligent strategy, and building high-level intelligent driving, intelligent cabin, and intelligent control technology advantages. In June and July this year, Zhiqi car sales increased by over 200% year-on-year for two consecutive months, ranking steadily in the top ten of "China's new market force brand" sales. This cooperation with NaaS Technology, Inc. Sponsored ADR to achieve interconnection of charging network will further expand Zhiqi car's charging channel and provide users with a more extensive coverage and efficient charging services. NaaS Technology, Inc. Sponsored ADR focuses on automatic driving energy supply, continuously opening up the charging service network, and embedding refueling and charging services into the central large screens of more intelligent cars. Currently, it has reached comprehensive cooperation on charging services with major domestic new energy manufacturers, including BYD Company Limited, Geely, Hyundai, Jike, Wenjie, Great Wall, GAC Energy, DeepBlue Auto, NIO Inc. Sponsored ADR Class A, Ideal, Xiaopeng, FAW-Volkswagen, Jihu, Jiut, Lantu, and Nezha. NaaS Technology, Inc. Sponsored ADR is a global new energy asset service provider, providing a one-stop service for the entire industrial chain to charging station manufacturers, charging operators, host factories, including site selection consulting, hardware and software procurement, EPC engineering, operation and maintenance, energy storage, photovoltaics, etc., to improve the charging experience of electric car owners and make the operation of all aspects of the industry chain more efficient.