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Gov’t Earmarks HUF 1 Billion for E-Bike Support

MTI-Hungary Today 2020.09.22.

Hungary’s government will call a tender in October for 1 billion forints (EUR 2.8m) in support for the purchase of bicycles with auxiliary electric motors, state secretary for energy and climate policy Péter Kaderják announced on Tuesday.

Subsidies covering as much as half of purchase cost, up to 90,000 forints for e-bikes with cadence sensors and up to 150,000 for e-bikes with torque sensors, will be available to private individuals, Kaderják said.

Because the subsidies are intended to support commuters who will use their e-bikes to get to work, applicants must submit proof of employment, he added.

The price of the subsidised e-bikes will be capped at 900,000 forints.

Máriusz Révész, government commissioner for an active Hungary, said the 1 billion allocation will support the purchase of more than 7,000 e-bikes.

In the featured photo: Máriusz Révész (in the center) and Péter Kaderják (at the back). Photo by Zoltán Balogh/MTI