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E-Bike Subsidy Launched In Hungary

• 23 Sep 2020 12:17 PM
• Hungary Around the Clock

The government will introduce a Ft 1 billion subsidy scheme supporting the purchase of electric bikes in October, energy and climate policy state secretary of the Innovation and Technology Ministry Péter Kaderják announced this Tuesday.

Private individuals can apply for up to Ft 90,000 as a state subsidy for a pedal assist sensor e-bike and Ft 150,000 for a torque sensor e-bike.

The grant can cover a maximum of half the purchase price.

The government is aiming to help commuters, so applicants should also attach employment details.

None of the subsidised e-bikes may cost more than Ft 900,000.

The 1 billion allocation will support the purchase of more than 7,000 e-bikes, according to Máriusz Révész, Government Commissioner for an Active Hungary.

MTI Photo: Zoltán Balogh

Here's a quick inspirational video about e-biking in Hungary:

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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’.

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