Cypriots eager to buy hybrid or electric cars

Cypriots eager to buy hybrid or electric cars

When asked about future car purchases, 85% of Cypriot car buyers say they will either buy a hybrid or electric car.

This figure is 70 points higher than the percentage of Cypriots who said they would buy a diesel or petrol vehicle (15%), according to the 2021-2022 Climate Survey published this week by the European Investment Bank (EIB).

More specifically, 51% would purchase a hybrid vehicle, which is much higher than the figure for Greeks (41%). Another 34% would opt for an electric vehicle, while that rate comes to 40% for Greeks.

Cypriot car buyers aged 30-64 are particularly interested in buying a hybrid vehicle (57%), while young people aged 15-29 are primarily inclined to opt for an electric vehicle (40%). Cypriots seem to be less inclined to choose a petrol/diesel vehicle: 24% of young people would purchase this type of car, 11 points above the figure for respondents aged 30-64 (13%).

Meanwhile, 6% of the overall Cypriot population say they do not have a vehicle now and are not planning to buy one (seven points below the EU average).

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.