HKT forms electronic vehicle charging venture

23 Aug 2016

Hong Kong operator HKT and CLP Holdings have formed a new joint venture to offer electric vehicle charging systems in Hong Kong.

The 50-50 joint venture, Smart Charge, will aim to provide electric vehicle owners with one-stop charging solutions.

HKT will take advantage of its existing relationship with property developers, Building Management Office (BMO) and Incorporated Owners’ Committee (IOC) to simplify installation, and contribute its customer service expertise.

CLP will meanwhile contribute its expertise in electricity infrastructure deployment to the venture, and has pledged to operate the venture in line with its commitment to a sustainable environment.

Smart Charge will work with BMO and IOC to pre-install electrical infrastructure in residential and office car parks. Customers will subscribe to monthly service plans that can be selected according to their vehicle use patterns.

The companies will also provide supervisory, control and automation technologies and an intelligent network management solution.

In public areas, Smart Charge meanwhile plans to offer EV charging services that will be priced based on the duration of charging. HKT will support payments using its Tap & Go mobile wallet.

“As one of Hong Kong’s leading corporates, HKT hopes to promote electric mobility and smart living to create a cleaner environment in Hong Kong,” HKT group managing director Alex Arena said.

“By giving full play to CLP’s professional knowledge and expertise in power engineering and asset management, we also see this joint venture a great opportunity to meet the increasingly strong demand for EV charging solutions, as the adoption of electric vehicles in Hong Kong has been growing rapidly with the emergence of new EV brands and models.”

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