HiTS (Shanghai) Hydrogen Power Technology, which aims to be the BYD of commercial drones powered by hydrogen fuel cells, plans to set up research and assembly operations in Hong Kong to serve international markets, according to its chief financial officer. Just as the world’s leading electric-vehicle maker BYD also makes EV batteries, HiTS has expertise…
The Hong Kong government must quickly come up with a new business model for the city’s two franchised bus companies, which face nearly HK$6 billion (US$771 million) in investments to overhaul their fleets to reach zero-emissions targets, according to a think tank. The clock is ticking because the companies have less than eight years to…
Hong Kong’s uptake of hydrogen, hampered by limited supplies, high costs and infrastructure, can be solved by allowing logistics vehicles to fill up on the zero-emission fuel across the border, according to a start-up. Qian Wei, founder and CEO of Hong Kong-based H2 Solution, which markets hydrogen fuel cell systems overseas, said the city can…