Individuals Can Get E-Bike Subsidy In Hungary

  • 26 Nov 2020 9:56 AM
  • Hungary Around the Clock
Individuals Can Get E-Bike Subsidy In Hungary
The tender for electric bicycle purchase subsidies opens on Monday, Innovation and Technology Ministry state secretary Péter Kaderják announced.

A total of Ft 1 billion has been set aside for this programme.

The first round of accepting applications ends on November 27. Thereafter, windows for applications will open on a monthly basis until October 29, 2021 or when the budget for the scheme runs out.

Individuals who will use the e-bikes for travel to their workplace are entitled to apply.

The subsidy may cover up to 50% of the purchase price, but not more than Ft 90,000 for speed sensor bikes and Ft 150,000 for torque sensor bikes.

Support for the purchase of e-bikes contributes to improving the air quality in cities, Kaderják added.

Related links

Air Quality In Many Hungarian Cities Worsens

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.