NaaS Technology Inc. shares were up 11% at $7.40 after saying it has launched the first automatic charging robot developed in-house by the company, with features including active vehicle locating, smart charging and automatic payment settlement.

The electric vehicle charging service provider said that with the future popularization of self-driving vehicles, compatible automatic charging robots will become indispensable infrastructure.

NaaS said that its waterproof and shock-proof charging robot allows one-click ordering, active vehicle locating, precise self-parking, automatic docking, charging and undocking via mechanical arms, as well as automatic return and recharging functions. It is available in various charging power and battery capacity configurations.