24/7 Market News Snapshot 17 March, 2025 – NaaS Technology Inc. American Depositary Shares (NASDAQ:NAAS)

March 17, 2025

DENVER, Colo., 17 March, 2025 (247marketnews.com) – (NASDAQ:NAAS) are discussed in this article.
NaaS Technology Inc. (NASDAQ:NAAS) is experiencing a notable surge in its stock value, with shares trading at $1.405, reflecting an impressive increase of 37.75% from the prior day’s close of $1.020. This uptick, accompanied by a significant trading volume of 2.95 million shares, suggests strong investor interest and potential momentum for the company. Analysts are closely monitoring these developments as they evaluate whether this bullish trend can be sustained in the upcoming trading sessions.

In a related announcement, NaaS has entered into a strategic partnership with Xiaomi Auto, the automotive division of Xiaomi Group, aimed at enhancing electric vehicle (EV) charging services across the nation. This collaboration will allow Xiaomi Auto users to access NaaS’s extensive charging network through the Xiaomi Auto App and the integrated in-car navigation system. This innovative approach is designed to improve the overall charging experience for EV users, aligning with the increasing demand for sustainable transportation solutions.

The New Energy Vehicle market is projected to exceed 12 million units in production and sales by 2024, highlighting the critical need for quality aftersales services in this sector. NaaS Technology is strategically positioned to address this demand, utilizing advanced AI-driven solutions to optimize charging efficiency by intelligently matching supply with user demand.

CEO Ms. Yang Wang emphasized the importance of the partnership, stating, “This collaboration enhances the charging experience for Xiaomi Auto users and underscores our commitment to user-centric innovation.” With nearly 100,000 connected charging stations and over 13 million transactional users, NaaS Technology is firmly committed to advancing smart mobility solutions and facilitating the transition to a sustainable energy future.

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