2025 marked a record for EV adoption in Hungary, with the fleet expanding by more than 31,000 vehicles. Nearly one-third of all the electric vehicles on the country’s roads today were added in the last year alone.
The surge also included roughly 2,500 electric trucks, a record number for this category. Since early 2020, the nation’s electric fleet has increased 13-fold, doubling in size over the past two years, the ministry noted.
A major factor behind this growth has been the Hungarian government’s corporate e-vehicle program, which supports companies buying fully electric passenger autos, light commercial vehicles, or minibuses. The program allows companies to receive up to HUF 4 million per vehicle in non-refundable subsidies, helping offset the higher upfront cost of electric models while promoting cleaner, quieter fleets.
By the end of 2025, more than 11,000 applications for support had been submitted, highlighting strong demand from Hungarian businesses. The program has already paid out HUF 23.5 billion for more than 6,000 vehicles.
Eligibility and funding limits depend on company size. Enterprises with fewer than 10 employees can acquire one vehicle; companies with 10–49 employees may purchase up to five; those with 50–249 employees may receive funding for up to 10 vehicles; and larger companies may acquire as many as 16 vehicles. In total, a single company can receive up to HUF 64 million in support.
Applications will continue to be accepted until Feb. 26, or until the program’s HUF 40 bln funding is fully allocated; the government raised the budget from its original HUF 30 bln allocation last September.
In an earlier statement released in November 2025, the ministry noted that Chinese brand BYD had emerged as the most popular vehicle among applicants, with 2,000 subsidy applications, followed by Tesla (1,500) and Hyundai (700). The top two brands represent more than one-third of all EVs applied for under the program.
“The rise of clean and quiet cars makes towns and cities more liveable, while their operation and maintenance are cheaper than those of conventionally powered vehicles,” the Ministry of Energy noted.
This article was first published in the Budapest Business Journal print issue of January 30, 2026.
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