Here is the data:According to EV Sales Blog, year to date, plug...

Here is the data:

According to EV Sales Blog, year to date, plug in EVs have the following market shares:

Europe:
Plug-in hybrids 4.6% (+217% YOY)
BEVs 5.4% (+182% YOY)

China:
Plug-in hybrids 1.2%
BEVs. 4.7%

This does not include MHEVs.

In China and Europe, regulations strongly favor BEVs. Looking forward, I expect BEV sales to grow faster than hybrids

By 2022, BEV sales will likely reach 10% market share.

If PHEV market share equals BEV market share, 2/3 of the REE demand for plug in EVs would come from BEVs, which contain about twice as much REE.

At that point, for REE demand from hybrids to match that of BEVs, 20% of all cars would have to be MHEVs - assuming 4:1 REE content.

Here’s the math in my model:

10 BEVs, 2 kg each = 20 kg
10 PHEV 1 kg each = 10 kg
20 MHEV 0.5 kg. = 10 kg

http://ev-sales.blogspot.com/2020/12/europe-november-2020.html?m=1