Kelly Zou's questions to NaaS Technology (NAAS) leadership • Q1 2024
Question
Asked about EV charging market trends and the company's growth strategy, as well as the reasons for reduced sales and marketing expenses and the outlook for future efficiency.
Answer
The EV market offers significant growth due to low penetration and fragmentation, which NaaS addresses with its 'ABC' strategy (Analytics, BD, Connectivity). S&M costs are down due to organic user acquisition from its ecosystem and AI-optimized subsidies, a trend expected to continue.