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Chinese robotics chip founder Wang Xinyang becomes billionaire as shares jump 144% post IPO Apple's Tim Cook to step down as CEO in September Canada Research Chair Janusz Pawliszyn, one of the world’s top analytical science figures, joins Chinese university Why Terence Tao is seen as one of the world’s greatest living mathematicians China builds ‘big science’ model to foster self-reliance Which is the only Asian country with two universities in the global top 5 for data science and AI? 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Billionaires Peter and Martin Lee’s Towngas launches Hong Kong’s first hydrogen-powered EV charging system
2026-04-29 · via VnExpress English

By Phong Ngo   April 28, 2026 | 07:02 pm PT

The Hong Kong and China Gas Company, or Towngas, co-chaired by Peter and Martin Lee, sons of late Hong Kong billionaire Lee Shau Kee, has launched first hydrogen-powered EV charging system for a commercial building in the city.

The system was installed at Towngas’ headquarters in North Point and is designed to help older commercial buildings add EV charging facilities without major electrical upgrades, according to The Standard.

As electric vehicles become more common, many older commercial buildings face difficulties installing chargers because their existing power systems cannot handle the extra load.

Towngas said the new project uses a flexible hydrogen power generation solution to provide additional electricity, removing the need for large-scale upgrades to the building’s existing power supply.

The system uses Green hydrogen to generate electricity for EV chargers, allowing users to deploy charging systems with zero carbon emissions.

Towngass office building in Hong Kong. Photo courtesy of Towngas

Peter Lee (L) and Matin Lee, co-chairmen of Henderson Land Development and Towngas. Photo from the company's website

The project is a collaboration between Towngas and CIMC Enric, a hydrogen equipment manufacturer and engineering services provider. It adopts a bottled-hydrogen supply model using locally produced hydrogen.

Towngas said each kilogram of hydrogen can generate around 15 kilowatt-hours of electricity, and users can choose hydrogen power generation systems of different sizes depending on their electricity needs.

Don Cheng Hill-kwong, Towngas chief operating officer for Hong Kong business, said the bottled hydrogen supply model offers flexibility, helps overcome site constraints, and allows commercial buildings to install EV charging systems without extensive electrical upgrades.

Judy Chan Kapui, chair of the Legislative Council Panel on Environmental Affairs, said the project is "a highly valuable" demonstration that shows the feasibility and potential of hydrogen applications in commercial buildings.

"It also provides an important reference for Hong Kong in advancing green transport and low-carbon transformation," she said.

Peter, 62, and Martin, 54, took over leadership of Henderson Land Development from Lee in 2019, becoming co-chairmen of both the property company and Towngas, according to Forbes.

Lee died in March 2025 at the age of 97.

As of February, the brothers’ combined fortune was estimated at $34.9 billion, ranking them second on Forbes’ list of Hong Kong’s 50 Richest.