Headline Target: No sales of vehicles producing CO2 by 2035 (EU phase-out)

Car Manufacturing Country: No passenger car manufacturing.

Purchase Incentives for Cars: Scrappage scheme incentives, registration tax exemption, ownership tax reduction.

Supplier Regulation Policy: EU emissions performance standard (Tightening CO2 regime)

Infrastructure Incentives: None

Cyprus’ transition has seen a recent uptick in pace with EVs growing modestly in popularity through 2024. 

The current levels of uptake, and the trajectory that puts them on is not enough to meet the EU’s interim targets of a 30% decrease in emissions overall by 2030, and will mean they will struggle when the 2035 EU phase-out of ICE vehicles is implemented.

Through the EU’s recovery and resilience programme the country has been awarded 1.4 billion Euros to improve the electrification process in the country. This is funding projects such as installing 1,000 EV chargers across the island and funding the scrappage scheme.