Support for the purchase of electric vehicles for companies

Hungary offers various incentives for Battery Electric Vehicles (BEVs), including exemptions from company car tax, registration tax, annual vehicle tax, and property transfer tax for green plate vehicles. Businesses can deduct costs related to electric charging infrastructure and 50% of VAT on BEV operating expenses. A €79.1 million subsidy programme supports BEV purchases, with grants ranging from €5,500 to €10,500. Additionally, Hungary is expanding its EV charging network with a €72 million programme, installing over 100 public charging points outside Budapest, and encouraging the integration of solar panels and battery storage. Most municipalities also offer free public parking for green plate vehicles.

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