Hybrid cars dominate Cyprus market as EV share rises

💰 Ekonomi 📰 Cyprus Mail 🕐 2 saat önce
Hybrid cars dominate Cyprus market as EV share rises

Registrations of motor vehicles in Cyprus increased during the first five months of 2026 , with hybrid and electric cars continuing to strengthen their position in the market, according to a report from the state statistical service (Cystat). The figures showed that electrified vehicles accounted for the majority of new passenger car registrations , reflecting a broader shift away from conventional petrol and diesel engines. According to Cystat , total motor vehicle registrat

New vehicle registrations in Cyprus saw a notable increase in the first five months of 2026, with electrified models now dominating the passenger car market. Hybrid vehicles, in particular, have surged, accounting for over half of all new passenger car registrations, a significant jump from the previous year. Fully electric cars also saw a modest rise in their market share, while traditional petrol and diesel vehicles experienced a sharp decline. This trend aligns with broader European patterns, where hybrid and electric vehicles are increasingly favored over internal combustion engines.

The shift towards hybrid and electric vehicles in Cyprus reflects a significant change in consumer preferences and the automotive market, indicating a move towards more sustainable transportation options.

#euro#market#war

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