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From Electrek: Hong Kong cancels electric vehicle incentives that made it a leading EV...

Discussion in 'News from Electrek.co' started by RSSFeed, Feb 22, 2017.

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    Hong Kong cancels electric vehicle incentives that made it a leading EV market dominated by Tesla

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    Tesla CEO Elon Musk has described Hong Kong as a “beacon city for electric vehicles” due to its fast growth in EV adoption, which Tesla is a big part of since the company had an impressive 80% market share of Hong Kong’s 5,800 EVs as of this July.

    Locky Law from EV advocacy group Charged Hong Kong estimates that the number is now over 7,000 with Tesla still maintaining over 80% market share. It makes Hong Kong a very important market for the company, but that’s about to change. more…

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