HUF 1 bln for EV tender exhausted in single day

Transport

The initial HUF 1 billion allocation for electric car subsidies announced by the Ministry for Innovation and Technology was exhausted the same day; therefore, the full HUF 3 bln limit of the tender will be made available, IFKA Public-interest Nonprofit said on its website.

In view of the great interest, the ministry and IFKA jointly decided that the full HUF 3 bln allocation would be made available from yesterday, June 15.

Applications were originally planned to be invited in three phases, each with an allocation of HUF 1 bln.

ADVERTISEMENT

MOL Budgets HUF 40 bln for Domestic Exploration in 2023 Energy Trade

MOL Budgets HUF 40 bln for Domestic Exploration in 2023

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

BMW Adding Battery plant in Debrecen, Doubling Investment Va... Manufacturing

BMW Adding Battery plant in Debrecen, Doubling Investment Va...

Hard Rock Hotel Opens 'Star Chalet' for Winter Season Hotels

Hard Rock Hotel Opens 'Star Chalet' for Winter Season

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.