Hong Kong Aims to be Assembly Base for China's EV Makers

Hong Kong is trying to attract electric vehicle (EV) companies from China to set up factories there.

Officials are talking to different EV makers about building assembly plants.

They are looking at locations in areas of Hong Kong close to mainland China.

This is part of a plan to grow the economy after some tough times.

Even though Hong Kong has high costs, some companies in the EV supply chain are already setting up shop there to expand globally.

This move aims to create jobs and boost the local economy by focusing on advanced manufacturing, like building EVs.

This could help Hong Kong deal with challenges like economic downturns and trade uncertainties.