By bike
There is at least one bicycle shop in Mui Wo just opposite the main bus station, where you might be able to rent or at least buy for cheap.
By Cable Car
Ngong Ping 360 (http://www.np360.com.hk) is a spectacular 5.7km cable car journey between Tung Chung and Ngong Ping on Lantau Island, which is easily accessible from Tung Chung MTR station. Be aware that there have been some technical difficulties, with the cable car closed and people having to wait for several hours. More information in the Ngong Ping 360 section below. A single trip costs $63 $96 round trip on normal days and $74 $107 round-trip on special days. The cabins glide over the South China Sea and the verdant mountainous terrain of the North Lantau Country Park for 20-25 minutes and provide some of the best panoramic views in Hong Kong, including the Hong Kong International Airport and the Tian Tan Buddha Statue.Watch out for people trying to sell you tickets outside of the station. The lastest trend was to sell you a single tour on the cable car and an all-day pass for the Lantau bus system. While it might be nice to take the cable car up to the Buddha the line for the cable car can be long, and the bus back, the all-day pass for the bus is probably a waste of money.
By Bus Or Taxi
On Lantau you can travel by bus and taxi; note that seemingly short distances on a map eg. Tung Chung to Ngong Ping, less than 6 km by cable car can take a while in this case over 40 min!, due to the twisty mountain roads and their circuitous routes.
The major bus interchange in Lantau locates nearby the Tung Chung MTR Station. New Lantao Bus serves numberous of bus routes which connects to most of famous attraction and villages along the Lantau Island. Some bus routes travelling within south Lantau region, connecting places including Tai O and Mui Wo.
On foot
If you are not going too far, there are generally convenient footpaths all over the island. For example, there are paved paths all around Mui Wo to some of the villages, many of which are within a 30 minute walk or less. Even if you are traveling a bit far, walking can be a healthy and enjoyable option. To walk from Mui Wo to the airport is about 3-4 hours.