Hong Kong EV Power provides electric vehicle (EV) charging solutions. The company aims to boost EV adoption by supplying chargers and cables to
encourage a more friendly environment for this type of vehicle. Its initial operations were in mainland China, growing to provide charging
stations in more than 63 cities and about 72,000 charging points.
Laurence Chan, the founder and CEO of Hong Kong EV Power, says his company is quickly making inroads in Hong Kong with the installation of 46
charging stations comprising 1,000 chargers, and it is also expanding to Southeast Asia and the Middle East. But why did he set up its
headquarters in Hong Kong?
“Although we have a lot of experience in mainland China, and a majority of our revenue comes from there, if we want to expand to the rest of the
world, a Hong Kong showcase is important,” Chan explains. “China has its own set of systems, and the charging interface in mainland China is
designed for China-standard EVs. But in Hong Kong, our charging interface has to serve EVs from Europe, the US and Japan. The city is more
international, and this gives us the opportunity to expand to other countries.”
Laurence Chan
Founder and CEO of
Hong Kong EV Power
The Hong Kong government is increasing its support and subsidies for EV purchase for environmental and economic reasons, so the market is
only going to expand further. In 2020, 50 per cent of new car purchases were for EVs. We cannot ignore that.
Hong Kong EV Power already has a significant presence in mainland China, but decided to set up its headquarters in Hong Kong to serve as a
jumping-off point for global expansion.