Hong Kong’s old private estates stand to benefit from HK$2 billion subsidy to upgrade parking facilities to enable charging of electric vehicles
- The government’s subsidy plan will cover 60,000 parking spaces in 4,000 car parks
- The city now has more than 12,000 electric vehicles approved for road use
“One obstacle faced by private residences when considering the upgrade is who should bear the costs, as not all residents own electric vehicles,” said Secretary for the Environment Wong Kam-sing. “This measure should be able to help with this problem.”
The government expects the plan to cover 60,000 parking spaces in 4,000 car parks over the next three years.
Combined with the 100 per cent gross floor area concessions for electric vehicle chargers granted by the Building Authority since 2011 to private developers, a quarter of all parking spaces in Hong Kong should be compatible with electric vehicle charging in three years, Wong said.
Property management companies would need to engage residents and agree on the installation before applying for the subsidy, he said.
However, he did not provide details on the application process or the amount that would be granted to individual estates, only saying the subsidy would cover a high proportion of the costs.