NaaS and CIID Collaborate to Enhance Hubei's Expressway Charging Network
Portfolio Pulse from Benzinga Newsdesk
NaaS (NASDAQ:NAAS) has entered into a strategic partnership with Hubei Provincial Communications Investment Industrial Development Co., Ltd. (CIID) to enhance Hubei's expressway charging network. NaaS will provide services for gas stations and charging stations under CIID's 48 expressway service areas, including connected refueling and charging services and mobile charging device deployment and operation services. The partnership aims to build a comprehensive energy supply network for expressways.

September 25, 2023 | 11:12 am
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NaaS's partnership with CIID to enhance Hubei's expressway charging network could potentially increase its revenue and market share in the energy supply sector.
The partnership with CIID allows NaaS to leverage its capabilities in the construction and operation of public charging infrastructure. This could potentially increase its revenue and market share in the energy supply sector. Furthermore, the partnership could also enhance NaaS's reputation as a leading provider of energy supply solutions.
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