NaaS Technology Inc. closed a 21,000‑ton carbon‑inclusive credit transaction with its strategic partner Kuaidian in Wuhan, marking the company’s second large‑scale carbon‑asset deal after a January 2025 transaction that established its monetization model for EV‑charging‑related emissions reductions.
The deal was executed through NaaS’s proprietary NAAS Energy Fintech (NEF) platform, which delivers end‑to‑end services from asset planning and digital ledger management to certification and settlement. By integrating AI‑driven analytics and blockchain‑based traceability, the NEF platform turns the carbon savings generated by the company’s charging stations into tradable credits, allowing NaaS to capture a share of the green‑mobility financing market while keeping its operations asset‑light.
China’s rapid expansion of EV charging infrastructure—over 19.3 million charging piles by the end of November 2025 and a projected 28 million by 2027—creates a growing pool of carbon assets. The transaction aligns with the country’s “Dual Carbon” goals of peaking emissions before 2030 and achieving carbon neutrality by 2060, positioning NaaS to benefit from regulatory incentives and market demand for verified emission reductions.
"The partnership with Kuaidian demonstrates how our technology can unlock value from the environmental impact of our charging network," said Yang Wang, CEO of NaaS. “By monetizing the carbon savings we generate, we are not only supporting China’s sustainability agenda but also creating a new, higher‑margin revenue stream that complements our core charging services.”
While the transaction is expected to generate additional revenue and enhance NaaS’s competitive positioning, the company has not disclosed specific financial figures. The move signals a strategic shift toward asset‑light, technology‑enabled business lines that can scale with the expanding EV ecosystem and the growing demand for carbon credits.
The deal underscores NaaS’s broader strategy of leveraging its AI platform to capture value across the EV value chain. By diversifying into carbon credits, the company aims to offset the margin pressure it has faced in its core charging operations and to build a more resilient, future‑proof business model in a market that is increasingly driven by environmental performance and regulatory support.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.