NaaS Technology Inc. Announces Plans to Acquire Swedish Leading EV Charging Infrastructure Supplier Charge Amps for $66.4M - Seite 2

Olle Tholander, CEO of Charge Amps comments: “There is strong interest from global investors in our market currently, and in Charge Amps specifically. We have been overt about our efforts in recent years to determine the best solution for the Company’s long-term strategy and growth plan. We believe that NaaS has both the expertise and financial strength to support Charge Amps’s growth journey under the same brand in Europe with an expanded product offering and the means to expedite the Company’s expansion plans. With NaaS’ extended product portfolio, Charge Amps will not only be able to bring more competitive and purposeful solutions to users, but also accelerate the transition to an electrified life and open the gateway to a smarter ecosystem."

The deal will engage the parties in all-rounded and deep integration from technology, product, personnel, capital, and market perspectives. Charge Amps' technological innovation and market channel capability will serve as a strategic step for NaaS to carry out localized services in Europe and achieve business synergy throughout the whole chain towards a broader scope of global business layout, aiming as a one-stop EV charging solutions provider. 

As of March 31, 2023, NaaS’ extensive network has connected over 575,000 chargers and 55,000 charging stations. In the first quarter of 2023, charging volume transacted through NaaS’ network reached 1,023 GWh, an increase of 112% YoY; gross transaction value transacted through NaaS’ network showed an increase of 107% YoY. 

About NaaS Technology Inc.

NaaS Technology Inc. (NASDAQ: NAAS), listed in Nasdaq on June 13, 2022, is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group. NaaS provides charging station operators and EV owners with online and offline charging solutions and non-charging value-added services. NaaS also serves charger manufacturers, OEMs and other industry partners, helping to make charging faster, more convenient, with a superior customer experience - and in the process of improving operational efficiency for all parties on the industry value chain. Learn more at: www.enaas.com/en/  

About Charge Amps

Charge Amps is a leading Sweden-born provider of innovative and sustainable charging solutions for electric vehicles. Charge Amps develops smart and user-friendly products for use in homes, offices, and public places. Charge Amps was founded in 2012 in Stockholm, Sweden, and is undergoing rapid international expansion, with 120 employees in seven countries, and sales across 15 markets. For more information, visit www.chargeamps.com

CONTACT: NaaS Press contact:
Hui Meng
NewLink Group, NaaS Technology Inc.
pr-at-enaas.com

Charge Amps Press contacts:
Amanda Wirhed
amanda.wirhed-at-redgertcomms.com
Ben Bunyard
ben.bunyard-at-redgertcomms.com