🔌⚡ Major milestone for @NaaSOfficial_ in China:
• Now covers 360 cities (50%+ of China's cities)
• 1.15M connected chargers
• 35% of China's public charging infrastructure
• 170 cities saw +50% charging volume YoY
Partnerships with major OEMs:
• BYD (all sub-brands)
• NETA
• IM Motors
• Hongqi
• FAW-Volkswagen
Strong financials:
📈 57% gross margin in Q3 2024
Impressive growth in both infrastructure & partnerships making NaaS a key player in China's EV ecosystem.
#EVCharging #China #Sustainability #CleanEnergy $NAAS #alwaysbecharging
We’ve just released our unaudited 2024 Q3 results, achieving quarterly operational profitability for the first time, with a gross margin reaching our record high of 57%! $NAAS #EV#SAAS
https://t.co/0PtHNHqpoI
$NAAS partnered with IM Motors, a joint venture of $BABA, expanding our nationwide network to offer IM Motors customers smarter, faster & more convenient charging options. Together, driving the future of EVs! #EV#Sustainability https://t.co/2cO4RmacKD
On August 12, 2024, Steven Sim joined $NAAS as our new CFO. An industry veteran, Steven worked at three of the Big Four (Deloitte, KPMG, E&Y) and served as VP of Finance at Sohu and CFO of Pintec Group, which he led from pre-IPO to IPO. Click to read more. https://t.co/m4dup0EKl9
The rise of renewables – like solar, wind & hydro – means they’re set to overtake coal in global electricity generation for the 1st time in 2025
This may result in a small drop in CO2 emissions from the power sector in 2025, after a slight rise in 2024 👉 https://t.co/vmcNG9HIpC
NaaS Technology recently released its 2023 Environmental, Social and Governance report. The report outlines NaaS's progress in 2023 toward its long-term ESG goals, central to the Company's vision and mission.
In 2023, NaaS achieved a carbon emission reduction of 3.29 million tons through new energy charging. Our annual clean energy procurement reached 305 million kWh, accounting for 81.14% of our total electricity consumption. Additionally, NaaS participated in the S&P Global Corporate Sustainability Assessment (CSA), scoring 60 points and ranking in the top 2% globally and second within the industry in China.
See more:
https://t.co/QF7FcQCTVj
According to a report from @IEA , "global electric car sales are on track to grow strongly again this year, reaching about 17 million". The whole value chain including the EV charging is going to significantly benefit from the trend.
Global electric car sales are on track to grow strongly again this year, reaching about 17 million
With more than 1 in 5 cars sold worldwide in 2024 set to be electric, the rise of EVs is transforming the auto industry & the energy sector
Read more → https://t.co/ufAOFaxW6d
Since 2010, battery costs have fallen by more than 90% — offering opportunities to cut emissions in road transport & electricity
In 2023, electric car sales rose to almost 14 million. And battery storage deployment in the power sector more than doubled 👉 https://t.co/OdVZgIJsBW
Solar surged in 2023 📈
74% more solar was installed in 2023 than in 2022, the fastest percentage rise since 2011.
Based on @IRENA’s renewable capacity data, we present six charts that explain 2023’s record solar surge. Key highlights in a #thread
According to a report from @IEA , "as energy transitions advance, cents per kilowatt hour may replace dollars per barrel as the benchmark for energy affordability". This is a strong signal of rapid EV adoption.
See more:
https://t.co/3rMoaRqX4Q
As energy transitions advance, "cents per kilowatt hour" may replace "dollars per barrel" as the benchmark for energy affordability
On a path to 1.5C, oil's share in total household energy spending falls significantly by 2035 & electricity’s share surges: https://t.co/4WQaVdiF0R
Our Global EV Outlook 2024 report includes two dynamic dashboards enabling users to dig deeper into EV trends & policies around the world.
Try them out 👇
🔢 EV data explorer → https://t.co/wdwh5fM3Ui
📑 EV policy explorer → https://t.co/gz8svCcHfO