NaaS and Hyundai join hands to develop affordable EV charging solutions

Hyundai Motor Group (China), the third-largest automaker in the world, and NaaS, a top provider of

EV

Hyundai Motor Group's Chinese subsidiary and NaaS collaborated to provide charging services and order management systems for Hyundai vehicles. Owners of Hyundai vehicles may use a smart service App or the centre console to monitor the status of charging and charger installation in real time.

According to figures from the China Association of Automobile Manufacturers (CAAM), 9 million electric passenger vehicle sales will be made in China in 2023, with EV penetration predicted to reach 36% annually. In order to fulfil the rising demand for charging, China has increased its investment in charging infrastructure.

"Charging facilities as an important part of new infrastructure serves a significant role in improving the penetration of EVs," said Wang Yang, the founder and CEO of NaaS. "Partnered with new energy industry chain players, NaaS will engage users in faster, easier, and more affordable charging service, while collaborating with Hyundai Motor Group (China) to spur the upgrade of charging services."

"China is the largest and fastest-growing EV market in the world. The nation excels in the quality of EV services in addition to having remarkable performance in EV sales and the amount of charging infrastructure created. This will serve as a useful point of reference for Hyundai's initiative to advance EV service in the international market|”, Hyuk Joon Lee, President and Head of China Operations at the Hyundai Motor Group, said. He further said that the company will keep expanding and improving charging services through its partnership with NaaS and will give owners of EVs a more practical and modern charging service experience.