Petrol station leases refined for new energy vehicles shift

The refinements include offering incentives to PFS operators.

Chief Executive-in-Council endorsed the refinements to land lease conditions for petrol filling stations (PFS) to help in the market’s shift to electric or other new energy vehicles.

The key refinements include offering incentives for the current PFS operators to improve e-vehicle charging facilities and implementing a price cap on the charging of e-commercial vehicles.

The tenure of the new PFS leases will be reduced from 21 to 12 years. Short-term renewal of expired and expiring leases will be granted conditionally, subject to the provision of quick charging stations at the PFSs.

The government said the refinements will make more effective use of available space within the around 180 PFSs all over Hong Kong to serve e-vehicles. It will also facilitate the transition to green transport and offer opportunities for exploring the “single site, multiple use” model.

Relevant bureaus and departments are collaborating on the implementation details and will work with stakeholders on the retrofitting works.