Tesla is boosting its charging services in Hong Kong as sales dip. AP
Tesla is boosting its charging services in Hong Kong as sales dip. AP

Tesla opens 50-car charging station in Hong Kong



Tesla is beefing up its vehicle charging infrastructure in Hong Kong to help lure back customers after an end to the city’s tax breaks caused sales to plunge.

The two-level, 50-stall Destination Charging facility in Kowloon Bay can provide full charge to a car battery in a few hours, according to a company spokeswoman in Hong Kong. It takes as long as 10 hours at Tesla’s Destination Charging sites to top up juice in the cells, whereas it takes about 90 minutes at Supercharger stations, with the time depending on battery conditions.

Destination charging facilities are ideal for people working, living or shopping in the area, according to the spokeswoman. Superchargers, an option while on the road, can charge 50 per cent of the battery in around 20 minutes, she added.

The California-based car maker believes charging stations are key to boosting sales of electric vehicles, and the backbone has been a crucial reason for its gains in mainland China, where it hasn't received any subsidies. Since Hong Kong's administration scrapped tax incentives for private-use EVs in April 2017, Tesla has managed to sell just 40 cars through February, compared with 2,939 sold in March last year, according to the South China Morning Post.

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“As part of Tesla’s commitment to Hong Kong, we continue to expand charging footprint all over Hong Kong, Kowloon and New Territories,” the car maker said on Monday, adding the recently opened facility would be the biggest destination charging location in Asia Pacific. Tesla already has 92 superchargers at 21 supercharger facilities in Hong Kong.

After struggling to fix manufacturing problems at its sole car factory in Fremont, California, Tesla has started the process of building a plant in China, the world’s biggest market for electric vehicles. The unprofitable car maker is in the process of procuring land in Shanghai for its first manufacturing facility outside the US, pushing ahead with its plans after months of tumult involving chief executive Elon Musk.

In mainland China, Tesla now has more than 1,300 superchargers and 2,000 destination charging posts in more than 170 cities.

Company%20Profile
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UAE currency: the story behind the money in your pockets

Russia's Muslim Heartlands

Dominic Rubin, Oxford

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Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
Our legal advisor

Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.

Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation. 

Education: Sagesse University, Beirut, Lebanon, in 2005.

COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

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What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

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There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.

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Developer: Treyarch, Raven Software
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Console: PlayStation 4 & 5, Windows, Xbox One & Series X/S
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Engine: 1.5-litre 4-cylinder petrol

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COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
MATCH INFO

Chelsea 3 (Abraham 11', 17', 74')

Luton Town 1 (Clark 30')

Man of the match Abraham (Chelsea)

Company%20Profile
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Chelsea 2 Burnley 3
Chelsea
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Burnley Vokes (24', 43'), Ward (39')
Red cards Cahill, Fabregas (Chelsea)

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Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Leap of Faith

Michael J Mazarr

Public Affairs

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