NaaS Collaborates with CSG Hainan EV, Offering Charging Services in China's First EV Penetration Market Hainan, Financial Terms Undisclosed
Portfolio Pulse from Benzinga Newsdesk
NaaS Technology (NASDAQ:NAAS) partners with CSG Hainan EV to enhance EV charging services in Hainan, China, integrating 193 charging stations and 700 DC chargers into its network. Financial terms were not disclosed.
March 22, 2024 | 8:51 am
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NaaS Technology's partnership with CSG Hainan EV to expand its charging network in Hainan, China, by adding 193 charging stations and 700 DC chargers.
The partnership with CSG Hainan EV allows NaaS to significantly expand its charging infrastructure in a key market, likely driving increased usage and revenue. The financial terms were not disclosed, but the strategic expansion in China's first EV penetration market is a positive development for NaaS, potentially boosting investor confidence and stock price in the short term.
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