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Gov’t to Expand Subsidy Program for Electric Bikes

MTI-Hungary Today 2021.06.07.

The government is calling the seventh round of a 1 billion forint (EUR 286m) tender for subsidies to buy bicycles with auxiliary electric motors on Monday, state secretary of the Innovation and Technology Ministry Tamás Schanda said.

In a statement, Schanda said the government had so far subsidised purchases of almost 4,000 e-bikes at a cost of 420 million forints as part of the Climate and Environmental Protection Action Plan.

The subsidies can cover half of the purchase cost: up to 90,000 forints for e-bikes with cadence sensors and up to 150,000 forints for e-bikes with torque sensors.

Featured photo illustration by Péter Komka/MTI