Aircity

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Parking devours prime land and money—a single Hong Kong spot sold for US$1.4M, while parking alone makes up 37% of car ownership costs. Private cars sit idle 95% of the time, yet cost ~50% of median income to run monthly. Public transit is affordable but overcrowded, while taxis and ride-hailing cost 5–10× more than MTR fares. Meanwhile, millions of licensed drivers in dense cities lack access to an affordable, private commute option. Aircity’s Mass Transit Car (MTC) is transforming urban mobility, providing 200+ micro-stations with self-service EVs. Hong Kong’s urban mobility spend hits US13B/year, while similarly dense cities represent a US300B+ market. Across Asia, 90M licensed drivers in land-scarce megacities don’t own cars—and with 2030–2040 ICE bans and congestion pricing, the shift to shared EVs is accelerating. We are building the future of sustainable and efficient mobility.

Company Details

Employees
12
Founded
-
Address
Hong Kong, Hk
Industry
Community Development And Urban Planning
NAICS
Administration of Urban Planning and Community and Rural Development
HQ
Hong Kong
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