(Policy Address 2024) 200,000 EV-charging parking spaces to be installed by mid 2027

Hong Kong leader John Lee Ka-chiu said that about 200,000 EV-charging parking spaces are expected to be available by mid 2027, as part of its efforts to expand the charging network for electric vehicles. 

Lee stated that the government will earmark HK$300 million for a new scheme, providing subsidies to the private sector for installing quick-charging facilities. The target is to have a total of 3,000 quick chargers installed by 2030.

Through the EV-charging at Home Subsidy Scheme and the gross floor area concession arrangement, about 200,000 EV-charging parking spaces are expected to be available by mid 2027.

Meanwhile, the government has granted two vacant gas-filling station sites for conversion into quick-charging stations earlier this year. 

It plans to invite expressions of interest from the industry next year to repurpose existing gas-filling station sites as charging stations, with topside development for other purposes under the "single site, multiple use" model.

Lee also reiterated that the city aims to speed up the green transformation of manufacturing production, through the Green Tech Fund and the Innovation and Technology Fund. 

The Environment and Ecology Bureau is assisting two local companies in setting up production lines to upcycle local waste materials into high-value products, namely core materials for electricity-free cooling products and acoustic metamaterial products.

The government will inject HK$100 million for a new round of the Cleaner Production Partnership Programme to expedite green transformation, renovation and the upgrading of local factories and Hong Kong-owned factories in the Guangdong Province, he added.