HK EV battery recycling scheme to boost GDP by HK$66 million, create 120 jobs
Hong Kong's new Producer Responsibility Scheme on EV batteries is projected to generate over HK$66 million in GDP and create 120 jobs, as the city prepares for 6,700 tonnes of retired batteries annually by 2030. The scheme, announced by the government, aims to ensure responsible recycling and reduce
Hong Kong's government has announced a Producer Responsibility Scheme on electric vehicle batteries, a move projected to add over HK$66 million to the city's GDP and create more than 120 full-time jobs, according to Legislative Council Member Jonathan Lamport.
Writing in a commentary published on 5 November 2026, Lamport said the scheme, which includes a gradually phased-in initial levy, is designed to guarantee responsible recycling, reduce reliance on overseas processing, and strengthen Hong Kong's role in the Greater Bay Area's green technology supply chain.
The territory's electric vehicle fleet has surpassed 180,000 vehicles as of October 2026, Lamport noted. By 2030, he wrote, Hong Kong is projected to generate more than 6,700 tonnes of retired batteries annually — materials containing valuable resources such as lithium, cobalt and copper.
Lamport, who founded a green energy firm specialising in solar technology, described retired EV batteries as a concentrated source of valuable materials rather than hazardous waste. He said the scheme, coupled with the opening of Hong Kong's first large-scale EV battery recycling facility in 2026, would enable retired batteries to be processed locally and re-enter the recycling chain.
“The most exciting part of this is the economic opportunity it unlocks,” Lamport wrote, urging the trade to support the scheme and describing it as a competitive advantage that offers a complete, responsible solution for EV ownership from purchase to final disposal.
