Hybrid and electric cars about half of new registrations in Cyprus according to Eurostat

07:53 - 16 December 2024

Economy Reporter

About 48% of new registrations of passenger cars in Cyprus were electric and, mainly, hybrid cars in 2023, in line with the EU average and reflecting the development of this market in the country despite the overall low percentage of usage of electric cars.

More specifically, and according to data released by Eurostat, in 2023, 10.7 million new passenger cars were registered in the EU. Among them, the pure petrol cars had the highest share (34.5%), followed by non-plug-in hybrid petrol-electric cars (21.1%), battery-only electric cars (14.5%) and pure diesel cars (14.3%).

After the rapid growth in battery-only electric car registrations between 2013 and 2023, the combined share of all hybrid and battery-only electric vehicles in 2023 matched that of pure petrol and pure diesel cars (48.3% vs. 48.8%).

Eurostat did not provide corresponding comparable percentages for all member states. However the overall share of new hybrid and electric cars in Cyprus in 2023 stood a little below 48% according to a graph shared by Eurostat. The large majority of these cars were hybrid.

In nine EU countries the share of hybrid and electric passenger cars in new registrations exceeded 50% in 2023.

The highest shares were reported in Finland (78%), with 44% hybrid and 34% electric, Sweden (69%), with 30% hybrid and 39% electric, and the Netherlands (68%), with 37% hybrid and 31% electric.

In contrast, Bulgaria recorded the lowest share with 7%, followed by Czechia (20%) and Croatia (28%).

(Source: CNA)

Hybrid and electric cars about half of new registrations in Cyprus according to Eurostat

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