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NaaS teams up with Hyundai China to boost EV charging services and business ventures

China-based NaaS, an EV charging service company, is partnering with Hyundai Motor Group (China), to develop efficient charging management services for Hyundai car owners. The two parties will empower potential EV charging businesses via partnership.

The partnership have made an order management service for charging and charger installation 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.

China Association of Automobile Manufacturers (CAAM) statistics suggestthat 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

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

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


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