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Hybrid And Electric Cars Drive Growth In Cyprus’ Vehicle Market

by THEFUTURE.TEAM

The vehicle registration market in Cyprus saw a significant shift in 2024, with hybrid and electric cars leading the way. From January to November, overall vehicle registrations increased by 10.1%, driven largely by the rising demand for eco-friendly alternatives. Hybrid vehicles in particular experienced a remarkable growth, making up 36.9% of all new car registrations, up from 28.9% in 2023. Meanwhile, electric vehicle registrations doubled to 4% of the market, compared to just 2.7% last year.

The surge in hybrid and electric vehicles reflects the broader global trend towards sustainability and environmental responsibility. With fuel-efficient and environmentally friendly alternatives becoming more accessible and desirable, consumers in Cyprus are increasingly opting for these vehicles. Hybrid cars, with their blend of petrol and electric power, offer a practical solution for those looking to reduce fuel consumption and carbon emissions, while electric vehicles continue to gain traction as the country invests in charging infrastructure and green energy initiatives.

On the other hand, traditional petrol-powered vehicles have seen a decline in popularity, dropping from 58.2% of the market in 2023 to 48.9% in 2024. Diesel-powered vehicles have remained stable, accounting for 10.1%, but the shift towards cleaner, more efficient options is evident.

Overall, the increase in hybrid and electric vehicle registrations reflects a significant change in consumer attitudes, driven by both environmental concerns and the growing availability of green vehicle models. This shift is likely to continue as more incentives and infrastructure are introduced to support eco-friendly transportation, positioning Cyprus as part of the broader global movement towards sustainable urban mobility.

Despite some decline in overall vehicle registrations in November 2024, hybrid and electric vehicles appear to be at the forefront of Cyprus’ automotive future. With rising fuel prices and heightened awareness of climate change, the shift to greener vehicles is a clear response to both economic and environmental factors, making hybrid and electric cars the preferred choice for many Cypriot drivers.

Only 1% Of Cyprus Farms Use Precision Farming Technologies

by THEFUTURE.TEAM

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.

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