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Cyprus Automotive Market Shifts Toward Electric And Hybrid Vehicles In 2025

by THEFUTURE.TEAM

December 9, 2025

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.

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Rolls-Royce Raises Guidance As Defense And Power Systems Drive Growth

Rolls-Royce raised its full-year profit and cash flow guidance after reporting stronger-than-expected first-half results, supported by growth across its civil aerospace, defense and power systems businesses.

Underlying operating profit rose 46% year on year to £2.5 billion ($3.3 billion) in the first six months of 2026, while revenue increased more than 24% to £11.3 billion.

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The company now expects full-year underlying operating profit of £4.7 billion to £4.9 billion, up from previous guidance of £4 billion to £4.2 billion. It also raised its free cash flow forecast to £3.8 billion to £4 billion, compared with £3.6 billion to £3.8 billion previously.

Shares rose as much as 6% in early trading before paring gains to trade about 4% higher.

Data Center Demand Supports Power Systems

Chief Financial Officer Helen McCabe told CNBC that orders in Rolls-Royce’s data center power business increased by more than 50% in the first half as operators invested in backup and on-site power systems.

The company has benefited from growing demand for power infrastructure as data center operators expand capacity.

Defense Spending Provides Additional Support

McCabe also said Rolls-Royce expects to benefit from higher defense spending in the U.K. and across NATO countries. She cited the U.K.’s long-term defense investment plan, which provides funding visibility through 2030 and beyond.

“We’ve had very positive initial conversations with the new government,” McCabe said, adding that the company supports its focus on growth, defense and industrial manufacturing.

Turnaround Continues

Chief Executive Tufan Erginbilgic said the company’s transformation strategy continued to deliver results. “Our transformation continues to deliver,” he said in a statement. “We have unlocked new growth opportunities across the Group.”