Electrification And Hybrid Growth Catalyst

Recent data released by the Cyprus Statistical Service (Cystat) reveals a significant transformation in the nation’s automotive market with electric and hybrid vehicles outpacing traditional fuel models. In November 2025, total motor vehicle registrations surged by 8.4 percent, reaching 4,172 compared to 3,850 in November 2024.

Passenger Saloon And Rental Segments On The Rise

The robust uptake extends to passenger saloon registrations, which increased by 9.4 percent from 2,920 to 3,195 in November alone. Over the January to November period, overall registrations climbed 4.5 percent to 48,904, with passenger saloon vehicles growing from 36,360 to 37,977. Notably, new saloon vehicles made up 36.7 percent of these registrations while the remaining 63.3 percent were pre-owned. Rental saloon models also saw a significant jump, rising 22.4 percent to 5,052 units.

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Trend Towards Cleaner Powertrains

The report underscores a pivotal market shift away from conventional fuels. The share of petrol-powered saloon vehicles dropped from 48.9 percent to 42.3 percent, and diesel models declined from 10.1 percent to 8.8 percent. Conversely, electric vehicles gained market share, increasing from 4 percent to 4.7 percent, while hybrid vehicles experienced an unprecedented surge from 36.9 percent to 44.3 percent – nearly half of all passenger saloon registrations.

Commercial And Specialty Vehicles Reflect Broader Growth

Commercial segments also exhibited healthy growth. Motor coaches and buses increased from 127 to 172 units, and goods conveyance vehicles advanced by 6.3 percent to 5,694. Rental goods vehicles rose 23.2 percent to 281, light goods vehicles climbed 6.1 percent to 4,540, and heavy goods vehicles edged up by 2.7 percent to 645. Road tractors, essential for towing, also registered a 2.7 percent increase to 228. Meanwhile, mopeds under 50cc saw a steep decline from 657 to 197, contrasted by a robust 16.6 percent growth in motorcycles above 50cc, reaching 4,264.

Conclusion: A Market Embracing Sustainability

The comprehensive statistical update elucidates a clear market evolution as Cyprus shifts toward sustainable and cleaner mobility solutions. This transition not only mirrors global trends but also positions the region strategically in the emerging era of electrification and hybrid technology.