Hong Kong Electric Vehicle Charging Stations Market Report, Size, Share, Opportunities, And Trends By Vehicle Type (Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV)), By Application (Commercial, Government And Industrial, Residential), And By Charging Type (AC Charging (Level 1 And Level 2), DC Charging) - Forecasts From 2024 To 2029

Description

Hong Kong Electric Vehicle Charging Stations Market Size:

The Hong Kong Electric Vehicle Charging Stations Market is set to reach USD 183.911 million in 2030, growing at a CAGR of 25.78% from a valuation of USD 18.561 million in 2020.

• Government subsidies drive residential charging infrastructure expansion.
• Private firms collaborate on customized fast-charging solutions.
• Fuel stations convert to support quick EV charging needs.
• Smart technologies enhance charging efficiency and accessibility.

A charging station can be classified as a hub or center, which is available for the public, offering charging facilities for electric vehicles. These stations can charge various types of electric vehicles and offer a wide range of power output, which charges their batteries at different speeds. The charging stations are located across the nation or region, most prominently located on the highways or in the city centers.

The Hong Kong Electric Vehicle (EV) Charging Stations Market is experiencing accelerated growth fueled by the strong policy mandates, an increasing number of EVs, and the investment made by both the public and private stakeholders. The administration’s commitment to achieving carbon neutrality in the transport sector by 2050, along with programs like the EV Roadmap and Charging at Home Subsidy Scheme (CAHSS), has not only reduced the adoption barriers but also spurred infrastructure development in residential, commercial, and public domains.

The competitive environment is increasingly influenced by collaborations among real estate developers, manufacturers, and charging service providers aiming to secure strategic locations and improve the customer experience. As the transition to electric transport accelerates and fleet operators adopt electric vehicles, the Hong Kong EV charging market is set to shift from a system heavily dependent on subsidies to one that is commercially viable and sustainable. Thus, the city is poised to become an exemplary case of EV readiness in Asia for compact and densely populated urban areas.

Therefore, real estate developers, malls, offices, and utilities are competing to establish charging infrastructure to support the increasing number of electric vehicles. This rapid growth of EV ownership is creating a self-reinforcing cycle: more cars requiring more charging solutions, which leads to more installations and consequently greater EV usage and ecosystem-wide investments.

Hong Kong Electric Vehicle Charging Stations Market Trends:

The growth of electric vehicle (EV) charging stations in Hong Kong is aided by government programs for improving the nation's electric vehicle ecosystem. The government of the nation introduced multiple policies and subsidy schemes to reduce the use of internal-combustion engine (ICE) automobiles, which use petrol or diesel as fuel, and emit carbon dioxide, polluting the environment. Similarly, an increase in the nation’s sales of electric vehicles is also among the major factors driving the electric vehicle charging station market’s growth. In Hong Kong, the availability and accessibility of public charging stations for electric vehicles played a critical role in boosting the demand for zero-emission vehicles in the nation.

Hong Kong Electric Vehicle Charging Stations Market Overview

The Hong Kong Electric Vehicle (EV) Charging Stations Market is growing rapidly, primarily due to various government incentives, increasing environmental awareness among the public, and the strong adoption of EVs in the private and commercial fleet sectors. Hong Kong’s commitment to carbon neutrality by 2050 and its “EV Roadmap” have played a crucial role in accelerating infrastructure development, with generous subsidies provided for the installation of charging facilities in private residential car parks under the Charging at Home Subsidy Scheme (CAHSS).

As of June 2025, Hong Kong has approximately 14,553 EV chargers available for public use. These include 2,254 quick chargers, 9,482 medium chargers, and 16 fast chargers spread across all 18 districts.

Smart charging technologies, payment integration, and mobile-application-enabled station locators are ways that private players, such as Shell Recharge, Tesla, and Cornerstone Technologies, are enhancing user convenience. These companies are investing in these areas to make it easier for consumers to use their services. In Hong Kong, JLL has initiated a partnership with Electra Network and Nobo Capital to deploy the Electra DH Force G30 mobile electric vehicle (EV) fast charging robots at its managed properties in response to client inquiries. This simple yet versatile offering enables clients to enjoy an easier, more effective, and greener way of charging their vehicles, while also increasing the attractiveness of the properties.

However, challenges such as insufficient parking space, power grid management, and varying charger standards hinder the widespread deployment of electric vehicles. Nevertheless, the local government's ongoing support, collaborative technological efforts, and the trend of shared mobility are likely to position Hong Kong the leading city in Asia with the highest number of EVs in the coming years.

The Hong Kong EV charging stations market is primarily dominated by significant contributors such as Hong Kong EV Power Limited, Tesla, Inc., Auto Green Solutions Limited, Schneider Electric, Delta Electronics (Hong Kong) Ltd., Smart Charge (HK) Limited, oneCHARGE, Shell Recharge, CLP Power Hong Kong Limited, Hongkong Electric Company (HK Electric), and Cornerstone Technologies, all of which offer a blend of home, commercial, and public charging facilities, featuring AC and DC rapid chargers, intelligent network management, and app-based payment systems to facilitate the city’s increasing EV uptake.

Hong Kong Electric Vehicle Charging Stations Market Growth Drivers:

• Increasing adoption of electric vehicles
  One major factor leading to the expansion of the EV charging infrastructure market in Hong Kong is the increasing use of electric cars. As consumers turn greener in their approach and the fuel prices continue to be volatile, the trend to adopt EVs instead of using normal fuel-powered vehicles is gaining momentum among private car owners as well as corporate fleet managers. To complement and accelerate this change, the Hong Kong government has implemented appealing incentives like giving rebates on the First Registration Tax (FRT), one-for-one vehicle replacement, as well as free parking for electric cars at some public facilities.

The popularity of EVs can be largely attributed to the introduction of new and attractive schemes and policies by the government to boost the sales of zero-emission vehicles in the nation. For instance, the Hong Kong government's "One-for-One Replacement" scheme provides consumers with a higher first registration tax rebate on scrapping their old private cars and purchasing new electric vehicles. In addition, the government’s aim to enhance the air quality of Hong Kong also promotes the use of electric vehicles.

Furthermore, the government has introduced multiple policies and projects to develop the nation's electric vehicle charging infrastructure. For instance, in April 2024, the Legislative Council announced its plan to convert the nation's petrol filling stations into Quick Charging Stations or Petrol-cum-Charging Stations.

As of August 2025, the total number of EVs is around 131,700, accounting for approximately 14.6% of the total vehicles. As of now, 473 EV models from 19 different economies have earned type approval by the Transport Department. Among these, 354 models are for private cars and motorcycles, and 119 models are for public transport and commercial vehicles.

An essential factor in this change going well is a significant number of charging stations, and these must be not only reliable but also conveniently located. Hence, the competition is among property developers, shopping malls, office buildings, and utility companies to establish charging stations in their infrastructures to accommodate the expanding EV population. The surge in EV ownership is generating a self-reinforcing cycle: more vehicles leading to greater need for charging stations, which then attracts more users and investors to the global market.

Hong Kong Electric Vehicle Charging Stations Market Segmentation Analysis

• By Vehicle Type: Battery Electric Vehicles (BEV)
  Based on vehicle type, the Hong Kong electric vehicle charging stations market is segmented into battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV). Hong Kong has established a strategic roadmap to achieve its net-zero carbon emission goals, and electric vehicles have formed an integral part of such strategies. The government is emphasizing on promoting sustainable fuel adoption, which has improved the transition towards battery electric vehicles in China’s special administrative region.

The implementation of “Climate Action Plan 2050” and “Hong Kong Roadmap of Popularization of Electric Vehicles” by the government has established a blueprint to decarbonize the transport sector, increasing demand for battery electric vehicles, thereby providing a simultaneous boom towards the need for necessary infrastructure to charge BEVs. Similarly, the constant growth in the urban population has further impacted the registration of new private electric vehicles.

According to the data provided by the Hong Kong Transport Department, in 2024, the number of first registered private electric vehicles reached 33,206 units, experiencing a significant 16.71% growth over 2023’s registration. The same source also stated that in the same year, electric vehicles constituted nearly 71% of the newly registered private vehicles, and 17% of the total vehicle registrations.

Additionally, domestic automobile manufacturers, particularly GAC Group, are investing to meet Hong Kong’s climate goals by implementing user-centric electric vehicles with fast-charging features and compatibility. Furthermore, major market players such as Tesla are forming strategic collaborations with investment firms, including Hysan Development, allowing the former to launch an electric vehicle charging hub in Hong Kong’s Lee Garden.

• By Application: Commercial, government, and industrial
  Based on application, the Hong Kong electric vehicle charging stations market is segmented into commercial, government, and industrial, and residential. The frequency of public charging stations in Hong Kong is low, due to which the government has targeted commercial sites such as public parking spaces, gas stations, and shopping centers, among other areas, for installation of electric vehicle chargers. Moreover, the extension of favorable government schemes such as “One-For-One Replacement Scheme’ till March 2026, has escalated the number of electric vehicle owners in Hong Kong, which has stimulated the demand for charging stations.

According to the Transport Department, as of December 2024, the number of public electric vehicle chargers in Hong Kong stood at 10,401, comprising of 2,143 standard chargers, 6,503 medium-speed chargers, and 1,753 fast chargers. Moreover, the same source also specified that of the total public EV charging strength, 40% is installed in government & quasi-government buildings, 45% in commercial duplexes, and 15% in residential areas.

Hence, the ongoing development and adoption of modern rapid charging concepts are driving the demand for fast chargers in commercial places in Hong Kong, as they can charge an EV battery up to 80% of capacity in thirty minutes. Additionally, charging stations in commercial places play a key role in raising the demand for overall infrastructure, as charging stations at residential places do not meet the criteria for long-distance travel on a single charge. Hence, ongoing investments and strategic collaborations to bolster charging station establishments have paved the way for future market expansion.

For instance, as per the Chief Executive’s 2024 Policy Address, the government announced $300 million of fast charging incentive schemes targeting the establishment of 3,000 chargers, which provide charging support to nearly 160,000 electric vehicles. Hence, the fast chargers will be put to service from 2026 till the end of 2028.

• By Charging Type: AC Charging
  By charging type, the Hong Kong electric vehicle charging stations market is segmented into AC charging and DC charging. The AC charging segment is expected to grow significantly during the forecast period. This growth is driven by the widespread adoption of Level 1 and Level 2 AC chargers in residential and commercial settings, supported by government incentives and increasing demand for convenient and accessible charging options across Hong Kong. The Hong Kong electric vehicle (EV) charging stations market is witnessing dynamic growth, bolstered by strong government support and the expanding adoption of electric vehicles in the region. Sinopec (Hong Kong) Ltd., a key player in this sector, recently launched its 5th PIT (Power In Time) EV charging station at New World Tower in Central, Hong Kong. This station is equipped with 4 DC fast-charging points and 8 AC medium-speed charging points, capable of accommodating 12 EVs simultaneously, marking a significant step in enhancing the city’s EV infrastructure. The PIT model promotes a "parking + charging" business approach, reflecting Sinopec's commitment to developing green transportation.

Sinopec’s initiative with the PIT charging stations is a collaborative effort with New World Development Company Limited, underscoring joint endeavors to advance sustainable mobility in Hong Kong. This launch not only expands the electric vehicle charging network but also seeks to provide convenient, efficient, and accessible charging solutions to users across the city. Moving forward, Sinopec plans to continuously expand its EV charging services network, promoting a green mobility lifestyle and supporting Hong Kong’s goal of carbon neutrality by 2050.

Technologically, PIT Ultra charging stations, such as those launched by Sinopec, feature advanced liquid-cooled ultra-fast charging bays capable of delivering up to 600 kW of power. This enables electric vehicles to gain approximately 100 kilometers of range in just under four minutes. These stations provide a quieter, safer, and more stable charging experience with high success rates for charging sessions, meeting key consumer needs for rapid and reliable power replenishment in a dense urban environment.

Sinopec’s broader strategy involves enhancing its integrated energy services, evolving beyond traditional fuel supply to encompass oil, gas, hydrogen, electricity, and non-fuel businesses. With over 6,000 charging stations nationwide and continuous expansion in regions, such as Hong Kong, Thailand, and Singapore, Sinopec is positioning itself as a leader in energy transition. By investing heavily in charging infrastructure and technological innovation, Sinopec supports the green transformation of transportation while catering to the increasing demand from electric vehicle users.

Hong Kong Electric Vehicle Charging Stations Market Products Offered by Key Companies:

• Delta Electronics is among the leading power and thermal management providers worldwide. Founded in 1971, it aims to provide innovative, clean, and efficient energy solutions. It offers products across multiple categories, including power electronics, mobility, automation, and infrastructure. The company also offers solutions for industrial automation, smart energy, display and monitoring, building automation, and EV charging, among many others.
• Shell Recharge is the electric mobility subsidiary of the British multinational oil and gas company Shell Plc. It is among the biggest electric mobility companies and aims to offer easy-to-use charging solutions for electric vehicles. In the global e-mobility sector, the company offers multiple solutions, such as Shell Car Care, Shell Go+, Shell Recharge, and Shell stations.

Hong Kong Electric Vehicle Charging Stations Market Key Developments:

• In June 2024, Sinopec (Hong Kong) Ltd. announced that it had won the tender for the charging site of the main section of Kai Fuk Road, Kowloon Bay. The company aims to transform the site into Hong Kong's first electric vehicle quick charging station (QCS).
• In 2024, Schneider Electric introduced an affordable household EV charger with a promotional package at HK$6,980 for the first 100 customers, including installation and subsidies under the "EV-charging at Home Scheme," to boost residential adoption.
• In 2024, Schneider Electric announced its plans to quintuple EV charger sales to 15,000 units by 2026, partnering with car sellers for bundled offerings amid rising EV registrations.
• In April 2023, the Legislative Council of the Government of Hong Kong announced its plan to install about 7,000 electric vehicle charging stations in the nation by 2025. The government announcement came after the completion of the previous target of installing 5,000 stations in the nation by 2022, for which the government installed a total of 5,300 EV chargers by September 2022.

Hong Kong Electric Vehicle Charging Stations Market is segmented and analyzed as follows:

• By Vehicle Type
  • Battery Electric Vehicle (BEVs)
  • Plug-In-Hybrid Electric Vehicles (PHEVs)
• By Application
  • Commercial, Government, and Industrial
  • Residential
• By Charging Type
  • AC Charging (Level 1 and Level 2)
  • DC Charging

Table Of Contents

1. Executive Summary

2. Market Snapshot

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. Business Landscape

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations

3.7. Strategic Recommendations

4. Technological Outlook

5. Hong Kong Electric Vehicle Charging Stations Market By Vehicle Type (2020-2030)

5.1. Introduction

5.2. Battery Electric Vehicles (BEV)

5.3. Plug-In Hybrid Electric Vehicles (PHEV)

6. Hong Kong Electric Vehicle Charging Stations Market By Application (2020-2030)

6.1. Introduction

6.2. Commercial, Government and Industrial

6.3. Residential

7. Hong Kong Electric Vehicle Charging Stations Market By Charging Type (2020-2030)

7.1. Introduction

7.2. AC Charging (Level 1 AND Level 2)

7.3. DC Charging

8. Competitive Environment and Analysis

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. Company Profiles

9.1. Hong Kong EV Power Limited

9.2. Tesla, Inc.

9.3. Auto Green Solutions Limited

9.4. Schneider Electric SE

9.5. Delta Electronics (Hong Kong) Ltd.

9.6. Smart Charge (HK) Limited

9.7. oneCHARGE

9.8. Shell Recharge

9.9. CLP Power Hong Kong Limited

9.10. Hongkong Electric Company (HK Electric)

9.11. Cornerstone Technologies

10. Research Methodology

List of Figures

List of Tables

Companies Profiled

Hong Kong EV Power Limited

Tesla, Inc.

Auto Green Solutions Limited

Schneider Electric SE

Delta Electronics (Hong Kong) Ltd.

Smart Charge (HK) Limited

oneCHARGE

Shell Recharge

CLP Power Hong Kong Limited

Hongkong Electric Company (HK Electric)

Cornerstone Technologies

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