Gov’t to subsidise procurement of 3,600 EVs

It will also provide at least 500 fast chargers throughout HK by the end of 2027.

The government said it will subsidise the procurement of 600 e-buses and 3,000 e-taxis as part of its Green Transformation Roadmap of Public Buses and Taxis.

Additionally, the government will encourage the industry to expand charging facilities and will provide at least 500 fast chargers throughout Hong Kong by the end of 2027.

Secretary for Environment and Ecology Tse Chin-wan said that in promoting the green transformation of public vehicles, the roadmap adopts three guiding principles, primarily by "carrots but not sticks," through a gradual and orderly approach and no additional costs to passengers as far as possible.

In the future, the government will also accelerate the participation of the private market in the construction of public charging facilities to fully utilise the market’s power and establish an applicable business model.

Tse also said he expects that the price differences between electric vehicles and conventional vehicles will continue to narrow in the future.

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