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Hongkong Government Intends To Stop The Sale Of Fuel Vehicles In 2040, The Industry Says The Government Will Build Electric Vehicle Charging Stations

Hongkong Government Intends To Stop The Sale Of Fuel Vehicles In 2040, The Industry Says The Government Will Build Electric Vehicle Charging Stations

Tuesday, 23 February 2021

/ by Ella Rose
Electric vehicles are important part of reducing carbon emissions. Of course, the Hong Kong government is vigorously promoting the development of electric vehicles, and the upcoming budget may include a road map for the popularization of electric vehicles.

Recently, it has been reported that the government has consulted the industry on the content of the electric vehicle roadmap and plans to stop selling fuel vehicles in 2040. Industry sources indicate that the government will actively build electric vehicle charging facilities, but will not set targets for the increase in the number of electric vehicles or increase tax incentives.

Recently, there is news from the industry that the government has consulted the industry on the content of the electric vehicle roadmap, and has consulted the industry about when to stop the sale of fuel vehicles.

The government will actively invest in related infrastructure before the goal is achieved, such as the construction of electric vehicle charging facilities, to encourage car owners to choose electric vehicles when switching vehicles, and to provide a favorable environment for the promotion of electric vehicles.

However, it is understood that the government will not set targets for the increase in the number of electric vehicles or introduce higher tax concessions than the current ones.

The Chief Executive mentioned in the "Policy Address" released last year that Hong Kong strives to achieve carbon neutrality by 2050, and that automobiles are Hong Kong’s second largest source of greenhouse gases after power plants.

In addition, many countries around the world have stopped. The sale of fuel vehicles has set a "dead line", and it is imperative to eliminate fuel vehicles. The Environment Bureau also announced last year that a roadmap for the popularization of electric vehicles will be launched in the first half of this year.
[SOURCE]

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