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Cyprus sees rise in hybrid and electric car registrations as overall vehicle market grows

(file photo)

Nicosia, Cyprus. Cyprus recorded a sharp rise in electric and hybrid vehicle registrations in the first four months of 2026 as total new vehicle registrations increased by 15.1% year-on-year, according to the Cyprus Statistical Service (Cystat).


Hybrid and electric shares increase

Cystat reported that hybrid vehicles accounted for more than half of all passenger saloon car registrations in Cyprus during January-April 2026. The share of hybrid passenger saloon cars rose to 50.8% in the first four months of 2026, compared with 43.3% in the same period of 2025.

The share of electric vehicles increased to 5.2%, from 4.8% a year earlier.

In contrast, petrol-powered passenger cars fell to 35.6% of the market, compared with 42.9% in the corresponding period of 2025. Diesel-powered passenger cars declined to 8.5%, from 9.0% in the previous year.

Total registrations and passenger car breakdown

Total motor vehicle registrations reached 18,570 in January-April 2026, up from 16,133 during the same period of 2025.

Passenger saloon car registrations increased by 14.0% to 14,259 vehicles, compared with 12,509 a year earlier. Of the passenger saloon cars registered, 4,800 vehicles, or 33.7%, were new, while 9,459 vehicles, or 66.3%, were used cars.

Rental passenger car registrations decline

Rental passenger car registrations declined by 14.8% to 1,321 vehicles, compared with 1,551 in the same period of 2025.


How do you expect the rise in hybrid and electric car registrations to affect Cyprus’s vehicle market in 2026?

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