Car market in Cyprus 2024: top brands and EV share

The brands people choose

Which car brands are biggest in Cyprus?

Market share shows how much of the new-car market each brand accounts for. The change is measured in percentage points against 2023.

01

Kia

2,840 cars

19.0%

+2.7 pp

02

124

1,593 cars

10.7%

+10.7 pp

03

166

1,581 cars

10.6%

+10.6 pp

04

Nissan

1,460 cars

9.8%

+3.0 pp

05

Hyundai

1,340 cars

9.0%

+0.5 pp

06

15

736 cars

4.9%

+4.9 pp

The changing market

Which brands are gaining ground?

The largest gains in market share compared with 2023. Registration growth is shown separately: a brand can gain share even when its volume falls.

124

+10.7 pp

Market share: 10.7%

Registrations: –

1,593 cars

166

+10.6 pp

Market share: 10.6%

Registrations: –

1,581 cars

15

+4.9 pp

Market share: 4.9%

Registrations: –

736 cars

Percentage points measure a change in share. Percent measures a change in the number of cars.

Electric, hybrid or combustion?

Are all new cars electric?

Understand the powertrains

No. Fully electric cars account for 7.9% of new registrations. The powertrain mix below shows the other types too.

Share of new registrations in Cyprus, 2024.

Plug-in cars

1,842 new cars

+3.5 pp vs previous year

Non-plug-in cars

13,068 new cars

−3.5 pp vs previous year

Plug-in cars can be charged from the grid: fully electric cars and plug-in hybrids. Split by powertrain:

Combustion engine

6,582 new cars

−7.1 pp vs previous year

Hybrid (incl. mild hybrids)

6,486 new cars

+3.6 pp vs previous year

Battery electric

1,181 new cars

+2.5 pp vs previous year

Plug-in hybrid

661 new cars

+1.0 pp vs previous year

Fully electric cars and plug-in hybrids are separate categories. Petrol and diesel can also power hybrids; powertrain and fuel are different classifications. Hybrids include mild hybrids, and the line against combustion cars differs between countries, so compare hybrid shares within a country rather than between countries.

A wider perspective

How has the market changed over time?

Registrations per year

Cyprus

Lighter bars are provisional.

View as table

Period	Cyprus
2010	14,962
2011	14,598
2012	10,916
2013	6,863
2014	8,138
2015	9,264
2016	11,609
2017	12,742
2018	12,760
2019	12,001
2020	9,838
2021	10,479
2022	11,443
2023	14,283
2024	14,910
2025 provisional	14,392

Explore Europe

Every country has its own car market

All countries

The car market in Cyprus, explained.

Which car brands are biggest in Cyprus?

Which brands are gaining ground?

Are all new cars electric?

Plug-in cars

Non-plug-in cars

Combustion engine

Hybrid (incl. mild hybrids)

Battery electric

Plug-in hybrid

How has the market changed over time?

Every country has its own car market