HK$120mn Boost To Add 1,000 Chargers For E-cars

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2019-02-27 HKT 16:33

Share this story

facebook

  • Hong Kong aims to have 1,700 charging points by 2022. File photo: RTHK

    Hong Kong aims to have 1,700 charging points by 2022. File photo: RTHK

Finance minister Paul Chan in his budget speech on Wednesday said HK$120 million will be spent on installing a thousand more public chargers for electric vehicles in government car parks.

That would add over 1,000 public chargers for electric vehicles by 2022, bringing the total number of chargers to 1,700.

Chan said the government will also look into providing chargers at street parking spaces, as well as quick-charging stations.

The movesto extend the city's EV charging network comes after the government lowered the criteria for a replacement scheme for electric cars, raising the number of eligible vehicles by 30 percent to over 250,000.

The announcement was part of a short section in Chan's budget on environmental protection, in which he also provided another billion dollars for the installation of renewable energy facilities at government buildings, venues, and community facilities.

RECENT NEWS

XTransfer Celebrates Milestone Of Over 1 Million Enterprise Clients

XTransfer shared that it has served more than one million enterprise clients since its founding in 2017. The B2B cross-... Read more

How Much Do Hong Kongs Biggest Banks Pay Their CEOs?

How much did it pay to run one of Hong Kong’s biggest banks in 2025? The answer varies sharply, and the numbers look ... Read more

DBS Hong Kong CEO Sebastian Paredes To Retire After 16 Years, Taiwan Chief Takes Over

Ng Sier Han will be the next DBS Hong Kong CEO. He takes over from Sebastian Paredes, who retires from executive duties... Read more

Hong Kong Founders Can Now Incorporate And Get Paid In One Application

Airwallex announced a corporate partnership with Air Corporate, a Hong Kong-based digital corporate service provider, i... Read more

Visa Tap To Pay Reaches Hong Kong Doorsteps In SF Express Deal

Visa announced a partnership with S.F. Express (Hong Kong) Limited (SFHK) to bring contactless card payment services to... Read more

Two Co-CEOs Take Over HSBC Insurance Leadership As Edward Moncreiffe Exits

HSBC has named two Asia-based executives as co-CEOs of its global insurance business. Daisy Tsang, CEO of HSBC Life Hon... Read more