In 2023, approximately 10.7 million new cars were registered in the EU, with nearly 50% of them being either hybrid or fully electric vehicles. Among these, the largest proportion consisted of cars with internal combustion engines (34.5%), followed by hybrid vehicles (21.1%), fully electric cars (14.5%), and diesel-powered cars (14.3%). Over the past decade (2013-2023), electric vehicles have seen significant growth, with the combined share of hybrids and electric vehicles now nearly equal to that of internal combustion engine cars – 48.3% compared to 48.8%, according to Eurostat data.
In 2023, nine EU countries will see the share of new cars that are not powered solely by an internal combustion engine exceed 50%. Finland leads with 78% of new cars being hybrid or electric (44% hybrid, 34% electric), followed by Sweden at 69% (30% hybrid, 39% electric) and the Netherlands at 68% (37% hybrid, 31% electric). On the other hand, Bulgaria had the lowest share at just 7%, followed by the Czech Republic (20%) and Croatia (28%).
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Cyprus falls behind many EU countries in terms of the share of hybrid and electric vehicles. In 2023, the proportion of new cars in Cyprus that are hybrid or electric is around 20%, placing it among the countries with lower adoption rates compared to EU leaders like Finland, Sweden, and the Netherlands.
