Around 4,400 of the applications have already been approved, the ministry said, according to a report by MTI.
China’s BYD is the most popular brand among applicants and the Tesla Model Y the most popular model.
Over one-fifth of the EVs businesses seek to purchase are light commercial vehicles.
Businesses may apply for grants of between HUF 2.8 million and HUF 4 mln per vehicle, depending on battery capacity, in the programme funded from the European Union’s REPowerEU.
The scheme winds up at the end of March.
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