Today’s data from the National Statistics Office show that during the fourth quarter of 2024, the stock of licensed motor vehicles increased by 2,518 over the previous quarter.

It noted that the stock of licensed motor vehicles increased at a net average rate of 27 motor vehicles per day.

The majority of newly licensed motor vehicles, 3,580 or 63.4% of the total, were passenger cars, followed by motorcycles/E-bikes/PA-bikes with 1,082 or 19.2%.

The NSO data revealed that petrol-powered engines accounted for 58.2% of the total, followed by diesel-powered engines (35.1%), and electric and plug-in hybrid engines (4.0%).

The NSO said that compared to the third quarter of last year, increases of 13.5%, 4.7% and 3.7% were registered in electric, mild hybrid (petrol-electric), and mild hybrid (diesel-electric) motor vehicles respectively.

File photo NSO

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