Hybrids leading the car market race along with petrol-powered cars

Petrol-powered and hybrid saloons are enjoying the same market according to registrations, and are now significantly expanding their momentum in the car market.

On the contrary, despite the marginal increase that is still being recorded, electric cars are not exceeding 5% of the market.

The announcement of a limited number of grants for the purchase of electric cars by the Ministry of Transport amid increased demand seems to be contributing to this trend, with importers expressing strong concerns that there will in no case be 80,000 electric cars registered by 2030.

According to CySTAT data, registrations of saloon passenger cars fell by 3% annually in the period January-June 2025 and reached 20,004, compared to 20,623 in the corresponding period of 2024, while, on the other hand, in June alone they increased by 9.7% to 3,780 from 3,447 in June last year.

Of the total number of saloon passenger cars registered in the first half of the year, 8,221 or 41.1% were new and 11,783 or 58.9% were used cars.

The share of petrol-powered saloon cars in the total of this vehicle category fell in the first half of 2025 to 43.6% compared to 49.5% in the corresponding period of 2024, as did the share of diesel-powered cars from 10% to 8.6%.

The top hybrid brands

The market share of hybrid sedans rose to 43% in the first half of 2025 compared to 37.2% in the corresponding period of 2024, leading the market race together with petrol-powered cars.

Hybrid passenger car registrations in the first half of 2025 amounted to 8,593, including 4,119 new and 4,474 used. Of these, 7,545 registrations were private cars.

Toyota remains in first place by a wide margin, with 2,677 registrations, followed by Nissan (842), Hyundai (456), Mercedes (427) and Honda (401).

The relevant list also includes brands such as BMW (306), Renault (298), Jeep (286), Lexus (234), Land Rover (215), Volvo (174), Mini (157) and Volkswagen (157).

In new hybrid registrations, the highest preference for registrations is held by Toyota (524), Hyundai (440), Nissan (394), Mercedes (330) and Renault (294), while in used hybrid registrations the top positions are occupied by Toyota (2,153), Nissan (448) and Honda (346).

The top electrical brands

The share of electric sedans recorded a small annual increase, reaching 4.8% in the first half of 2025 compared to 3.3% in the corresponding period last year.

Registrations of electric passenger saloons stood at 961 (of which 926 were private cars), with 735 new and 226 used.

In this particular market segment, Kia counts 140 registrations, followed by Porsche (94), Hyundai (86), Dacia (75), BMW (60), Nissan (58), Audi (52) and Tesla (49), Mercedes (46) and Volvo (44).

(Source: InBusinessNews)