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EV Demand Constantly Growing

Automotive

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The demand for electric vehicles is constantly growing in Hungary, writes profitline.hu. According to the latest statistics of the Ministry of the Interior, 82,277 cars with green license plates are driving on Hungarian roads. 

In parallel with the number of EVs, the demand for insurance tailored to them has also increased. One year ago, Allianz introduced its insurance coverage tailored to electric vehicles, on the occasion of which it collected the statistics and experiences of the past year. 

Starting in November, the government will support the spread of electric cars with a new development program, under which HUF 60 billion will be allocated to the development of the charging network and support for vehicle purchases. 

Based on data from Datahouse, the majority of cars put on the market are still diesel or gasoline-powered, while the share of hybrid cars increased by about 1.5%, while the share of pure EVs increased by 0.5% in the past year. 

In October of this year, nearly 25% more electric and plug-in hybrid vehicles were put on the market compared to the same period of the previous year.

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