Over 100 New Electric Vehicle Chargers to Be Installed Around Hungary
- 3 Jul 2024 12:43 PM
- Hungary Matters
The government is planning to add over 100 new chargers to Hungary’s public network serving electric vehicles across the country, the national economy ministry said.
According to a ministry statement, the new charging points will be financed from 28 billion forints (EUR 71m) of REPowerEU funding.
The programme to be launched in August invites businesses with a licence to operate electric chargers to build at least one charger in areas lacking such facilities, the statement said.
Bidders will be awarded with preferential loans between 100 million and 6 billion forints each, and expected to come up with a co-payment of at least 10% of the project, the statement said.
Large companies may receive a grant to cover 35% of the total cost, while medium-size companies could benefit from a grant to cover 55%. SMEs could be awarded grants to cover 65% of the cost of their project, the statement said.
Bidders will be eligible for a grant if the chargers are planned for a “preferred region” or if they are designed to include an energy storage facility or equipped with a renewable energy generator, or connected to the TEN-T network making it suitable to charge heavy vehicles, the statement said.
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