What does naas, a charging service provider, rely on to rise without building piles?

Now , The global new energy industry is above the tuyere , Policy dividends appear frequently , The layout of new energy vehicles is also gradually unfolded . The rapid construction of charging piles provides a guarantee for the popularization of new energy vehicles , The charging pile market is also booming . According to the latest data of tianyancha , At present, China's 21.6 Wanjia charging pile related enterprises .

Industry pain points highlight the value of the platform

Booming new energy and charging market , Attract many players . overall , Similar to the e-commerce industry , At present, the charging pile industry presents two mainstream modes: self operation and platform . Self operated mode requires investment 、 Building 、 Operate charging stations , Heavy mode , Most charging pile operators and car companies are in this mode . Platform mode , It belongs to the asset light mode , Don't build a pile yourself , But by service operators 、 Service car owners and other relevant parties in the charging industry chain are profitable .

Either way , All need to solve the pain points of the current charging industry , In order to achieve greater development . Demand side , Electric vehicle owners face difficulties in finding piles 、 Fuel truck occupancy 、 Download multiple carriers App、 Difficult to aggregate multiple issues such as payment ; Supply side , The utilization rate of charging pile is generally low , It is difficult for charging stations to make profits , Long investment return cycle . From the perspective of industry development , We are transforming and upgrading from construction to operation , No matter which mode, we should strengthen the online and offline operation capacity .

The pain point of the industry is the challenge , It's also an opportunity , In particular, it highlights the value of the platform model . Take offline operation as an example , Daily cleaning of charging station 、 Operation and maintenance needs to invest a large labor cost . For self operated mode , This is another huge investment . However, the platform model can integrate its offline team , Share and open to the whole industry , It can not only reduce costs for the industry , It can also improve the overall service experience . meanwhile , The platform mode constructs an interconnected charging network , Attract operators of different brands to settle in , Through an aggregation App Use charging piles of different brands , It can also effectively improve the user experience .

Diversified businesses serve the whole industry chain ,NaaS Be a service provider in the whole industry

NaaS It's a typical platform model , Do not produce charging piles , Nor invest in construction , But service charging station operators 、 Charge point manufacturer 、 Electric cars OEM, It also benefits end users and other stakeholders in the charging industry value chain .

To be specific , For charging station operators ,NaaS Supply including sale piles 、 Electricity sales and online and offline operations 、 Operational service , Improve the utilization rate of charging pile , And provide retail services for operators 、 Value added services such as the back of the car , To improve the operation efficiency and profitability of operators .NaaS It can also provide agent operation services for charging pile operators .

For the main engine factory ,NaaS The charging function can be added to the pre installed software of electric vehicle , Improve the charging experience of car owners , And simultaneously promote the sales of electric vehicles . For charge point manufacturers ,NaaS Through its powerful platform resources and brand influence , Help it increase sales .

For end users ,NaaS Provide users with interconnected charging network and network “ One key pile finding ” service , Build a charging network with a wide coverage with a third-party role , Break the shackles of information for users , Make it enjoy convenient and efficient charging service , Greatly improve the user experience .

NaaS The pattern of , In fact, it has been verified abroad . American pile enterprise leader ChargePoint , Adopt a joint business model with charging pile investors , That is, the ownership of the charging pile belongs to the investor , Operation and maintenance will be carried out by ChargePoint complete . Its revenue sources mainly include ： Commercial charging pile sales and software and maintenance services ; Household charging pile sales ;Saas Optimize 、 Software maintenance, etc .

NaaS It's similar to , It's also an asset model , Revenue mainly comes from ： Mobile services / Charging point connection ; Charging pile sales and maintenance ; Provide agent operation and non charging services to charging station operators ( Retail sales 、 Car washing, etc ).

2021 Beginning of the year ,ChargePoint adopt SPAC Log in to the NYSE . Now ,NaaS It is also landing in the US stock market in this way . This year, 2 month , Rex Education announced that , Will work with NaaS Reach a merger agreement , Enter the new energy track . and NaaS Will also be “ Backdoor listing ”.

4 month , Reiss Education (REDU.US) Announce again , Will be in 4 month 29 An extraordinary general meeting of shareholders was held on the th , Consideration 、 Approval and Dada Auto Inc.(NaaS) Merger agreement . thus , The M & A case has officially entered the countdown stage .

Public information display , adopt NaaS The total number of completed charging service orders has increased from 2019 Year of 700 ten thousand , Growth to 2021 Year of 5500 ten thousand .NaaS The total volume of transactions from 2019 In about 1.539 One hundred million yuan , Growth to 2021 About 11.9 One hundred million yuan .2021 year , The public charging capacity of electric vehicles in China is about 18% It's through NaaS Accomplished .

meanwhile ,NaaS The backdoor listing of just caught up with the rise of the global new energy sector . This year, 2 Since the month , With crude oil 、 The soaring prices of fossil fuels such as natural gas , Green energy ushers in a development opportunity , The green energy industry in many parts of the world has started to go crazy “ Gold absorption ” Pattern , The share price has risen significantly .

And NaaS The business model is similar ChargePoint(CHPT.US) And EVgo (CLII.US), The share prices of the two targets have increased by... Respectively in the past month 82%、90%. It is worth noting that , Number of users worldwide 、 The market share is in the forefront NaaS But hovering in the undervalued range . At present , The valuation multiple of the market sales rate of the charging pile industry is 51.39 times , The average is 142.9 times , Merge according to Rex NaaS After about 6 A market value of $billion ,NaaS The current valuation is less than half of the industry median , Less than the industry average 20%.

source ： American Stock Research Institute