26 May '16, 6pm

Tesla's Musk Calls Hong Kong a 'Beacon City' for EVs and Superchargers - Hybrid Cars News

Elon Musk calls Hong Kong a “beacon city” for electric vehicles, setting an example for the rest of the world to follow. Hong Kong has been a strong market for Tesla Model S sales as the company expands its presence in Asia. Tesla’s presence in the city is also being helped by the fact that Hong Kong now hosts the highest density of Superchargers in the world, according to The Guardian . Hong Kong’s population density, efficient public transportation, lack of parking space, and high registration taxes make it a tough market to sell cars in. The registration taxes on new vehicles go up to 115% of the price portion above 45,000 pounds ($65,968). That high tax rate was enacted to reduce road traffic and street level emissions, which is considered to be the main contributor to the port city’s air pollution. During the past two years, the city has seen a jump in electric vehicl...

Full article: http://www.hybridcars.com/teslas-musk-calls-hong-kong-a-b...

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