EV charging fares to drop 10% from February

The government has reduced the charging fees for electric vehicles (EVs) by approximately 10%, according to an executive order published yesterday in the government’s official gazette.

In line with the national “dual-carbon goal” and in response to public opinion and the provisions of the “Macau Electric Vehicle Promotion Plan,” the government has cut public electric vehicle charging rates by about 10%.

The Chief Executive Order takes effect on February 1.

In 2024, the government had already proposed changes to fare structures. At the time, the reduction was applied to the energy charge for public electric charging rates, including average-speed and fast charging, during off-peak hours.

The government added in a statement that it will continue to improve charging facilities in accordance with the “Macau Electric Vehicle Promotion Plan” and will timely increase the number of charging facilities at different speeds and standards, as well as battery exchange facilities in public parking lots or neighborhoods that meet the conditions.

In addition, the government urged electricity charging concessionaires to optimize their charging management platforms to ensure high-quality service.

Recently, during a debate at the Legislative Assembly, the Secretary for Transport and Public Works, Raymond Tam, acknowledged imbalances in charging facilities, noting low usage at some stations and very high demand at others. He said this is primarily due to the charging infrastructure and promised to convert slow-charging stations to fast-charging ones, which he said are more popular among local drivers. He also announced plans to build a new supercharging station in Cotai.

According to Tam, the new station will be located on Rua da Patinagem in Cotai, near the Macau East Asian Games Dome, and is expected to be operational by mid-year.