ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

NaaS Teams Up with Xiaomi Auto - What It Means for the EV Charging Landscape

HONG KONG, Mar 17, 2025 - (ACN Newswire) - NaaS Technology (NASDAQ: NAAS) has recently announced its partnership with Xiaomi Auto to integrate its extensive EV charging network into Xiaomi’s smart vehicle ecosystem. This collaboration enables Xiaomi EV owners to seamlessly access NaaS’s wide charging network across the country via Xiaomi Auto app and in-car systems, significantly enhancing charging experience.

This is an important strategic move for both companies. Xiaomi Auto is rapidly scaling its EV business, and the efficient, tech-driven charging experience is critical for solidifying customer value and creating customer loyalty. Xiaomi Auto has been a hit so far, with 135,000 deliveries since launch. As its sales continue to grow, the automaker needs strong charging network integration to provide more convenient and cost-reasonable charging experience for its EV users.

That’s where NaaS comes in. The company operates one of China’s largest EV charging networks, covering approximately 100,000 stations and 1.15 million chargers. Notably, this partnership is further strengthened by Xiaomi’s strategic investment in NaaS, aligning their long-term interests in the smart mobility sector. For NaaS, collaboration with Xiaomi means direct access to a rapidly expanding user base, locking in potential transaction volume and deepening its presence in the charging demand side via auto OEMs. As the first U.S.-listed EV charging service company in China, NaaS leverages AI technology to optimize charging supply and demand, having forged strong partnerships with leading automakers such as BYD, NIO, Li Auto, and XPeng.

This strategic collaboration not only enhances the charging experience for Xiaomi EV owners but also reflects both companies’ shared dedication to smart mobility and user-centric innovation, injecting new momentum into the coordinated development of China’s NEV industry.

]]>



Copyright 2025 ACN Newswire . All rights reserved.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.