King San's questions to NaaS Technology Inc (NAAS) leadership • Q1 2024
Question
King San from Goldman Sachs asked for management's perspective on both the short-term and long-term pricing trends in the EV charging services market.
Answer
CEO Wang Yang stated that while short-term market prices are generally stable, NaaS's gross take rate has been consistently improving. For the long term, she sees significant upside for charging prices due to the large cost advantage of EVs over ICE vehicles, decreasing user price sensitivity, and favorable comparisons to developed markets.