43rd batch of applications approved for trials of green transport technologies under New Energy Transport Fund
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The Steering Committee of the Fund has adopted a merit-based approach to assess applications for funding with a view to making the best use of the Fund and taking into account factors including the latest technology developments. One application has been approved in this batch (Note) for the trial of an electric heavy goods vehicle as an aircraft tractor, involving a total subsidy of $1.5 million.
The latest approval brings the total number of trials approved under the Fund to 296, with a total subsidy of about $242 million. As at end-May 2025, a total of 239 approved trials under the Fund have been completed. Trial reports have been uploaded to the Fund's website (www.eeb.gov.hk/en/new-energy-transport-fund/AT.html#Trial_Reports).
As the technology of electric vehicles and batteries is becoming more mature, to allow the Fund to focus on subsidising new energy technologies with a more pressing need for trials in the local context in future, the Fund has only accepted applications for trials of new energy transport commercial tools other than electric commercial vehicles from April 1, 2025, with a view to expediting the green transformation of the transport trade.
The Government put in place the Fund in March 2011 to subsidise the testing and encourage wider use of green transport technologies for a variety of commercial transport tools, such as goods vehicles (including special-purpose vehicles), taxis, light buses, buses, vessels, motorcycles, non-road vehicles (applicable to vehicle models approved by the Transport Department or the Airport Authority Hong Kong), or the aforesaid transport tools of charitable/non-profit making organisations providing services to their clients. The technologies to be subsidised include new energy vehicles or vessels, conversion of in-use conventional vehicles or vessels to new energy vehicles or vessels, and after-treatment emission reduction devices or fuel-saving devices applicable to vehicles and vessels. Transport operators and charitable/non-profit making organisations may apply for trying out different green technology products subject to a maximum subsidy of $10 million for each application and a total of $12 million for each applicant.
For more information on the Fund and the approved applications, please visit the website of the Fund (www.eeb.gov.hk/en/new-energy-transport-fund/new-energy-transport-fund.html) or call the enquiry hotline on 2824 0022.
Note: An electric heavy goods vehicle as an aircraft tractor by China Aircraft Services Limited.
Ends/Monday, June 30, 2025
Issued at HKT 10:00
Issued at HKT 10:00
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