Civic Exchange | Commercial Vehicle Electrification: Reshaping Hong Kong’s Industrial Positioning Through Market Perspectives
Several years prior, electric private cars were yet to be a mainstream or preferred vehicle type in Hong Kong. The market was largely hesitant due to insufficient charging infrastructures and doubts about the maturity of electric vehicle technology. However, electric vehicle penetration has now rapidly increased, the charging network is increasingly comprehensive, and electric vehicles have quietly become a common sight on Hong Kong streets. This transformation not only reflects technological progress but also proves that clear government policy directions will elicit market responses.
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