Hyundai Motor Group and NaaS Sign Agreement for Electric Vehicle Charging Service in China

Hyundai Motor Group signed a Memorandum of Understanding (MOU) for charging service cooperation with NaaS, a Chinese electric vehicle charging information service company, on the 14th.


The signing ceremony held at the NaaS headquarters in Beijing was attended by Lee Hyuk-jun, Executive Director of Hyundai Motor Group China Limited, and Wang Yang, CEO of NaaS. Established in 2019 as the first specialized charging information service company in China, NaaS has secured information on approximately 55,000 charging stations and 400,000 chargers locally. In March of this year, it unveiled an independently developed electric vehicle automatic charging robot and has continuously introduced new charging-related services.


Through this MOU, Hyundai Motor Group expects to develop customized electric vehicle charging services for Chinese customers. They plan to promote various linked services related to electric vehicles and pilot projects for new technologies. By combining Hyundai Motor Group’s connected service platform with NaaS’s charging information service, they aim to develop a home charger sharing economy system, an electric vehicle charging point payment and management system, and a real-time information system.



Electric vehicle charging. Photo by Hyunmin Kim kimhyun81@

Electric vehicle charging. Photo by Hyunmin Kim kimhyun81@

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The home charger sharing economy system allows customers to share the electric vehicle chargers installed at their homes with third parties to generate income. When applying for this system, the charger is continuously exposed on NaaS’s real-time charging station search network. Vehicles in need of charging can pay a fee and charge accordingly. Hyundai Motor and NaaS also plan to develop various services utilizing charging points generated during this process. Executive Director Lee Hyuk-jun stated, "We will provide Chinese electric vehicle customers with more convenient and new charging services than before."


This content was produced with the assistance of AI translation services.

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