Kwoon Chung Bus Holdings Achieves New Milestone by Venturing into the Autonomous Electric Bus Service Sector - Securing the Autonomous Transportation System Project in the Airportcity Link

The First-Ever Largest Autonomous Electric Vehicle Public Transportation System in Hong Kong, Set to Be Operational Within the Next Year

Traveling from the Artificial Island of the HKZMB to 11 SKIES in the SKYCITY in as Fast as Two Minutes.

HONG KONG, July 3, 2024 /PRNewswire/ -- Kwoon Chung Bus Holdings Limited ("KCBH") is pleased to announce that its subsidiary, KC Smart Mobility, together with its joined venture Prime Motors Limited, has secured the service contract with the Hong Kong Airport Authority to provide autonomous electric bus services across the "Airportcity Link". This Hong Kong's Largest Autonomous bus transportation system will connect the Artificial Island at the Hong Kong-Zhuhai-Macao Bridge's ("HZMB") Hong Kong Port with the retail, dining, and entertainment landmark 11 SKIES in the SKYCITY once finished. It will be Hong Kong's first-ever public transportation system featuring autonomous electric bus services, with a 2 to 3-minute travel time. The system is planned to be operational by the end of next year.

The Hong Kong International Airport "Airportcity Link" autonomous transportation systems will connect the Hong Kong Port of the HZMB with 11 SKIES in the SKYCITY and serve inbound travelers entering Hong Kong through the HZMB. The system spans approximately 850 meters, comprises pedestrian bridges and flyovers, and operates via autonomous transportation systems. Each autonomous electric bus can accommodate 16 or 12 passengers and one wheelchair user, travelling from the Hong Kong Port artificial island to SKYCITY. The commuting time between will be significantly reduced to 2 to 3 minutes. The autonomous electric bus is expected to be operational by the end of 2025 during the first phase, with a targeted initial goal of carrying approximately 500 passengers per hour per direction with each autonomous bus.

The autonomous driving system used in this project is equivalent to the "Level 4" driving automation defined by the Society of Automotive Engineers (SAE). It can achieve "Level 4" or higher operations through Vehicle-to-Everything (V2X) communication. The system will operate under the dedicated 5G network provided by the Airport Authority for secure wireless communication during operations.

Passenger Flow of the HZMB shall be Stimulated by Expected Favorable Policies

According to government statistics, the number of passengers traffic via the HZMB has been increasing since the full resumption of normal travel last year. By utilizing the autonomous transportation systems, the airport island's overall transportation network can be effectively enhanced and facilitate the increasing flow of traveler traffic. Hence, it will improve passengers' capacity and efficiency, providing convenient transportation options for Hong Kong residents and tourists travelling back and forth to the 11 SKIES in SKYCITY.