Analyses | Innovation and technology development | 2020-04-03 | HKET

The ferry industry has been shrinking. Can electrification be a way out?

The use of ferries across Victoria Harbour has been marginalised by the City’s well-developed land-based transport system. With a view to reducing emissions, the latest Budget suggests earmarking $350 million to launch a pilot scheme on electric ferries serving inner harbour routes of the Victoria Harbour in 2022 - 2023 at the earliest. Can this bring new development opportunities to the ferry industry?

The full version of the commentary is in Chinese only.