The companies have applied for close to HUF 21 billion of support, over two-thirds of the HUF 30 bln total, for the purchase of 5,400 vehicles.
Over three-fourths of those applications are for passenger cars. Chinese brand BYD was the most popular among applicants, accounting for more than 1,300 purchases.
Runner-up was Tesla with over 800 vehicles bought, followed by Volvo with more than 400.
Businesses may apply for grants of between HUF 2.8m and HUF 4m per vehicle, depending on battery capacity, in the program funded from the European Union’s REPowerEU.
The scheme runs until March 2025.
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