AA

Hungary's Government Rolls out New Subsidy Scheme for EVs, E-Scooters

2020. május 21.

BNEIntellinews / By Tamas Szilagyi

The Hungarian government revised its EV subsidy scheme with HUF5bn (€141mn) funding available for fully electric vehicles (EVs) and scooters on May 20. To promote the spread of EVs the government introduced a flat HUF1.5mn subsidy in 2016 with a HUF20mn upper cap. Benefits for cars with a green license plate included free parking and the right to use the bus lane. Reports surfaced earlier this year that the government would review the subsidy system by withdrawing funding from high-powered hybrid SUVs and introduce a progressive subsidy scheme favoring cheaper, affordable cars.  More...