Listen to the audio version of this article (generated by AI).
Listen to the audio version of this article (generated by AI).
Half of the HUF 40 bln allocation for the scheme to advance the electromobility transition has been paid out, supporting the purchase of 5,176 EVs by 4,624 businesses.
The programme is expected to put as many as 10,000 more EVs on local roads.
The number of EVs in Hungary now stands over 90,000. The scheme, funded from the European Union’s REPowerEU, offers businesses grants of between HUF 2.8 mln and HUF 4 mln per vehicle, depending on battery capacity.
It winds up in December.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
