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Ministry Of Transport Announces Cancellation Of Preliminary Approval For Electric Vehicle Orders

by THEFUTURE.TEAM

January 5, 2026

Deadline Expired For Order Submissions

The Ministry of Transport, Communications, and Works, Department Of Road Transport, has announced that the submission window for ordering electric vehicles has closed. Beneficiaries who received preliminary approval via email on December 11, 2025, have missed the deadline to post or send their vehicle orders, as outlined in paragraphs 9.3(a) and 10.3(a) of the relevant project guide. Consequently, if no order was posted for new vehicles or received for used models, the preliminary approval has been cancelled due to the missed deadlines (please refer to Appendix 2). This Cancellation will affect all pending applications.

Rescheduling And Reallocation Of Approvals

In response, preliminary approvals will be reissued during the upcoming week to selected applicants from Sponsorship Categories D5, D7, D8, D9, and D10. These approvals will be allocated based on the lottery sequence as specified, and the beneficiaries must adhere to the designated submission timelines provided in the approval message.

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Detailed Distribution By Sponsorship Categories

For each sponsorship category, preliminary approvals will be sent to applicants within the following lottery positions. The approved candidates must post an order (for new vehicles) or send an order (for used vehicles) within the allotted time frame as detailed in the subsequent approval notification:

Category D5: Lottery positions 381 to 483
Category D7: Lottery positions 41 to 57
Category D8: Lottery positions 41 to 46
Category D9: Lottery positions 51 to 66
Category D10: Lottery positions 11 to 13

Documentation And Submission Deadlines

Applicants are required to submit all specified supporting documents to the Department of Road Transport via email at tomxorigies@rtd.mcw.gov.cy within the time frame stated in the approval message. The guidelines for the required documentation depend on the respective sponsorship category.

Implications Of Inaction

It is imperative that beneficiaries act within the specified deadline. Failure to comply will result in the reallocation of approvals to the next eligible candidates based on the lottery ranking. For further clarity, please refer to Appendices 1 and 2, which provide additional details and visual references of the process.

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Nearly 80% Of Cyprus’ Foreign Investment Came From Outside EU In 2025

by THEFUTURE.TEAM

November 11, 2026

Cyprus had the highest share of foreign direct investment (FDI) originating outside the European Union among 14 EU member states reporting data for 2025. According to Eurostat, non-EU economies accounted for 79.4% of the island’s inward FDI, highlighting its distinct position among the reporting countries.

The figures contrast with most other EU economies, where investment from within the bloc remains the main source of foreign capital.

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Cyprus Leads In Non-EU Investment Share

Eurostat measures inward FDI positions by the ultimate investing economy, identifying the economy where the investment ultimately originates rather than only the country through which it is channelled. This distinction is important when investments involve subsidiaries or intermediary holding companies.

In nine of the 14 reporting countries, most foreign investment came from within the EU. The Czech Republic recorded the highest intra-EU share, at 75.1%, followed by Romania at 73.3% and Estonia at 64.8%.

Cyprus was among five countries where non-EU economies accounted for more than half of inward FDI. Spain, Sweden, Greece and Denmark also recorded shares above 50%, ranging from 51% to 55.1%.

US Is The Largest Source Of FDI Across Reporting Countries

Across the 14 countries collectively, the United States was the largest ultimate source of foreign direct investment, accounting for 15.4% of the total.

Germany ranked second at 11.5%, followed by France at 9.4%, the United Kingdom at 9.3% and Switzerland at 5.8%.

These figures reflect the combined investment positions of the reporting countries and do not identify Cyprus’s leading individual investment sources. However, the country-level data underline the island’s strong reliance on capital originating outside the European Union.