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

OKI And Hitachi To Launch Joint Venture For ATM And Automated Equipment In October

OKI, Hitachi, and Hitachi Channel Solutions have announced that they have reached agreements to integrate their automat... Read more

The Race For Hong Kongs First Stablecoin Licenses Is Almost Over

I’ve been refreshing the Hong Kong Monetary Authority’s register of licensed stablecoin issuers frequently over the... Read more

HTF Securities And Alchemy Pay Expand Hong Kong Type 1 License For Virtual Assets

Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities... Read more

Ping An Digital Bank Rebrands As Deposits Exceed HK$12 Billion

Ping An Digital Bank has introduced a new brand identity, aligning more closely with its parent, Ping An Insurance. The... Read more

Futus PantherTrade Launches Full-Scale Licensed Operations In Hong Kong

Futu has announced that its wholly-owned virtual asset trading platform, PantherTrade, has begun full-scale licensed op... Read more

Mastercard Enables AI Agent To Complete Live Ride-Booking Payment In South Korea

Mastercard has completed a live, authenticated agentic transaction in South Korea, marking a key development in AI-powe... Read more