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Revving up a new engine for growth

By Ullattil Manranjith | China Daily | Updated: 2018-06-07 07:38

Technology can be such a great leveler and beneficial for any economy, especially if it comes at just the right place and time. And nothing sums this up better than the relentless drive of the seemingly endless growing popularization of electric cars.

On a recent trip to Hong Kong, I caught up with an old classmate, Ashok, a successful investment banker, for dinner at a popular eatery on the city's Nathan Road. He excitedly dropped into the conversation that he had just treated himself to buying a Tesla S - I insisted on him taking me for spin.

Amazingly quiet compared with conventional vehicles, the pace at which electric cars are capturing market share in Hong Kong is staggering. Take a while to look out for them, and you'll see what I mean.

Revving up a new engine for growth

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