According to the data released by the European Automobile Manufacturers’ Association (ACEA), last month Hungary saw a 63 per cent increase in the number of newly registered green cars, making it the third highest in Europe, tied with Denmark, following the relatively small markets of Croatia and Malta. This information was shared by the Ministry of Energy on their Facebook page on Thursday.
The ACEA report notes that in May this indicator rose in only eight of the EU member states and the United Kingdom, while the average data shows a decrease of over 10 per cent. Examining the performance of the first five months of 2024, Hungary also ranks among the top in the spread of clean and quiet vehicles.
From January to May, nearly one and a half times more purely electric cars were registered in Hungary compared to the same period last year.
The 49.6 per cent increase was only surpassed by two Mediterranean island countries, Malta and Cyprus. The European average growth in the months of this year has been only a fraction of Hungary’s, at a mere 2 per cent.
The domestic demand for modern and environmentally friendly vehicles is stimulated by a support programme launched in February this year for companies with a budget of HUF 30 billion. Nearly 3,200 businesses have so far applied for approximately 14.8 billion forints to purchase 3,816 purely electric vehicles.
This subsidy levels the price advantage of internal combustion engine vehicles, contributing to the further spread of electromobility.
Thanks to the programme, monthly records for vehicles registered with green plates have been repeatedly broken in recent months. March of this year brought the best results of all time, with May ranking second. Compared to the beginning of the decade, there are now seven times more purely electric vehicles on Hungarian roads, totalling 57,000.
The corporate support kept Hungary among the European leaders in greening transportation throughout the spring. According to ACEA’s monthly data compilations, Hungary had the second highest growth rate of purely electric vehicle fleets in March and the fourth highest in April on the continent, the ministry reported.
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