Global Trade Alert
Global Trade Alert

Hungary: Government launchs non-refundable subsidies support for electric vehicle purchases and charging station development

Announcement

05 Feb 2024

In February 2024, the Hungarian government launched a HUF 30 billion (USD 84 million) program to provide non-refundable subsidies to businesses for purchasing electric passenger cars, vans, or minibuses.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Feb 2024

Revocation date:

31 May 2025

Updated: 06 Mar 2026
Financial grant

Recent update from 06 Mar 2026:

On 5 February 2024, the Hungarian government launched a HUF 30 billion (USD 84 million) program to provide non-refundable subsidies to businesses for purchasing electric passenger cars, vans, or minib...
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