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New Round of E-Bike Subsidies Opens in Budapest

• 5 Jul 2021 2:55 PM
• Hungary Around the Clock

The government will launch the eighth round of the electric bicycle subsidy tender on Monday morning.

In the latest round, the government has allotted Ft 1 billion for the purchase of e-bikes by individuals.

Subsidies cover as much as half of the purchase price up to Ft 90,000 for e-bikes with cadence sensors and up to 150,000 for e-bikes with torque sensors.

The government has contributed Ft 522 million to the purchase of more than 4,800 electric bicycles at a discounted price.

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