Around 4,700 of the applications have already been approved for HUF 21.3 bln of funding, the ministry said.
Around HUF 11.8 bln of the support has already been paid out to over 2,700 applicants who have purchased 3,046 vehicles.
The vehicles include 764 from China’s BYD, 557 Teslas and 295 Volvos.
Businesses may apply for grants of between HUF 2.8 million and HUF 4 mln per vehicle, depending on battery capacity, in the program funded from the European Union’s REPowerEU.
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