Gov't calls new HUF 3 bln tender for e-car subsidies

Government

Image by Shutterstock.com

The government has called a new HUF 3 bln tender for subsidies for the purchase of electric vehicles from Monday, Attila Steiner, state secretary for energy and climate policy of the Innovation and Technology Ministry said on Monday.

Private individuals resident in Hungary can apply for subsidies for one EV and civil organizations and higher education institutions based in the country can request subsidies for five vehicles. The subsidies are capped at HUF 1.5 million or HUF 2.5 mln depending on the vehicles' size and price.

Last year, the government awarded close to HUF 5.9 billion in subsidies for the purchase of EVs.

Scope Assigns MOL BBB- Issuer Rating Ratings

Scope Assigns MOL BBB- Issuer Rating

Budapest Residents to Weigh in on Rákosrendező Development P... Issues

Budapest Residents to Weigh in on Rákosrendező Development P...

AutoWallis Becomes Importer of Geely Group’s Commercial EV B... Automotive

AutoWallis Becomes Importer of Geely Group’s Commercial EV B...

These Are the Most Sleep-friendly Hotels in Hungary Hotels

These Are the Most Sleep-friendly Hotels in Hungary

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.