Schneider plans to quintuple EV charger sales in line with Hong Kong government’s push to expand infrastructure
- The French firm has set a target of selling 15,000 EV chargers by 2026, a fivefold increase from the nearly 3,300 units it has installed in the city
- The government plans to increase the number of EV charging points to about 200,000 by mid-2027. Currently there are only 8,056 EV chargers for public use
Schneider Electric is eyeing a massive surge in sales of electric vehicle (EV) chargers in Hong Kong amid a rapid adoption of the emissions-free cars in the city.
The French energy-management and digital automation firm expects to sell 15,000 EV chargers by 2026, a near fivefold jump from around 3,300 charging points installed by the company, according to Travis Kan, director of digital energy and power products at Schneider Electric Hong Kong.
The company will place its chargers, which can be found in 90 locations across the city, mostly shopping malls, in more residential estates in line with the government’s push to expand the EV charging infrastructure.
“We will have direct sales to residential estates once we know they have the infrastructure ready,” said Kan. “We hope to let homeowners know that we provide this option.”
Schneider also plans to partner with car sellers, to “start selling our EV chargers where prospective buyers purchase their vehicles”, he added.
Hong Kong had 81,435 registered plug-in EVs as of February, a 60.7 per cent increase from 50,665 a year ago, according to data from the Transport Department. EVs account for 12.8 per cent of the city’s private cars.