Friday, January 26, 2018

Cyprus Full Year 2017

Image result for porsche panamera 2017 PHEV
Second Place in Cyprus

Leaf wins Cyprus, but Premiums Shine

Cyprus registered 99 PEV's in 2017, up 154% YoY, so it's a market in rapid growth, with the PEV market share ending at 0.7%, a significant improvement over the 0.3% of last year.

The Nissan Leaf was the Best Seller by far, with 30 units, repeating the 2016 title, being the only mainstream brand to bet seriously in this market.

With three of the Top 4 being high end luxury cars, it was not surprising that the recently arrived Porsche Panamera PHEV earned Silver, while the BMW i8(!) was Third...

Is Cyprus addicted to Premium PEVs?

The answer is not so simple, as this is a market with CO2-based taxes, the larger the difference between the regular ICE-version CO2 emissions and its corresponding Plug-in version, the larger the incentive, so it is natural that would-be Porsche buyers feel more compelled to buy a plug-in than, let's say, a prospective Renault Zoe or Nissan Leaf buyer .


PlModel2017
1Nissan Leaf30
2
3
4
5
5
Porsche Panamera PHEV
BMW i8
Porsche Cayenne PHEV
BMW i3
Mitsubishi Outlander PHEV
17
8
7
6
6
Others
49

TOTAL99

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