Ann: Additional Information Tesla Offtake Agreement, page-185

Another bumper month for EV registrations in Europe. Pleasingly, the increased demand of BEV's over PHEV's in the last 3 months has continued. Although the yoy EV registrations may not have doubled in November, the graphite the cars are carrying have. Probably more actually.

November has been the slowest month in terms of new passenger car registrations in Europe for about 30 years, as the volume decreased 18% year-over-year to 864,000.

However, plug-in electric car sales still increase, which combined with ICE's backpedaling, translates into a significant increase in market share.

According to EV Volumes' data, in November, some 221,828 new passenger plug-in electric cars were registered, which is 33% more than a year ago.

The market share stands at 26%! As it turns out, the all-electric cars alone took 15%!

See more sales reports for Europe here.

An interesting thing is that the all-electric cars are not only in the majority but also grow quickly (by 59% year-over-year), while plug-in hybrids are up only 7%.

So far this year, over 1.99 million passenger plug-in electric cars were registered in Europe. That's also 18.4% of the total market (9.6% BEVs). BEVs account for 52% of the plug-ins, which is over 1 million.

Plug-In Electric Car Sales In Europe – November 2021