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2024 Hong Kong Domestic Electric Vehicle Market Forecast
Kool Talk

With increasing global focus on sustainability and environmental protection, the demand for electric vehicles (EVs) continues to rise. As a modern international metropolis, Hong Kong is committed to promoting the adoption and use of EVs. It is expected that several domestically produced EV models will be introduced to the Hong Kong market by 2024.

1. BYD

In addition to appointing JCM United Motors and Harmony New Energy Automotive Service (HK) Ltd. as its Hong Kong agents, BYD is rumoured to be considering a third local agent, which would significantly expand its market share in Hong Kong. BYD is known for its integration of energy efficiency, environmental friendliness, and intelligent technology in its EVs. BYD has already introduced multiple popular EV models to the Hong Kong market.

2. Maxus

Maxus plans to further expand its presence in the Hong Kong market this year, focusing on its Mifa 7, a large electric 7-seater MPV. The Mifa 7 is a stylish and practical electric MPV with a range of 480 km and versatile features. With dimensions of 4,910 x 1,855 x 1,756 mm, it provides a convenient family travel experience.

3. MG

MG plans to launch the right-hand-drive version of its all-new MG Cyberster convertible electric sports car in the second quarter. The MG Cyberster is a modern and sporty electric vehicle with stunning aesthetics and impressive performance, offering a new driving experience for the Hong Kong market.

4. Zeekr

Domestic EV brand Zeekr will introduce two new models, the X and 009. These models feature advanced electric technology and luxurious features, aiming to provide consumers with high-quality and high-performance EV choices.


NETA, a new Mainland Chinese electric vehicle brand represented by Tai Cheung Holdings, will first introduce the AYA compact car. The AYA is a mini electric car favoured by young consumers for its affordable price and agile manoeuvrability. It is expected to enter the Hong Kong market in 2024, offering more options for urban transportation.

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