Tag: Charging Poles

EV Became An Inevitable Trend; Policy Focus Shifts Towards Improving Supporting Infrastructure

2026-03-10

The new budget announced that, considering the market competitiveness of electric private vehicles, the “one-for-one” tax reduction for first-time registration of EV will not be extended after its expiration on the 31st of this month. However, the tax reduction arrangement for first-time registration of electric commercial vehicles will continue until March 31, 2028. Some believe that the government’s focus in promoting electric private vehicles is shifting from tax reductions to improving supporting infrastructure, with the primary focus being solving the “charging difficulty” problem. Recently,  electric vehicle dealerships stated that if the conflict in the Middle East continues, it could lead to a sharp rise in oil prices, increasing the desire to purchase electric vehicles. However, the most pressing concern for car owners remains the charging issue.

 

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Jason Poon | Charging Pile Subsidies: Blind Spots and Solutions in EV Policy from the Le Prestige controversy

2026-03-06

Recently, two incidents related to electric vehicles have drawn widespread attention: the controversy surrounding the procurement of charging stations at the Lohas Park Resort in Tseung Kwan O, despite government subsidies; and Financial Secretary Paul Chan’s sweeping termination of the “one-for-one” subsidy for electric vehicles in the 2026-27 Budget, citing the maturity of the electric vehicle market. Public funds require prudent usage, as promoting electric vehicles cannot rely solely on subsidies; the government’s role should indeed focus on promoting marketization in order to achieve international carbon neutrality goals.

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