According to Forbes Magazine, over 1,000,000 electric vehicles...

According to Forbes Magazine, over 1,000,000 electric vehicles (EV’s) were sold around the world in 2017.

“The number of Teslas, Nissan Leafs and other EVs in circulation worldwide has now surpassed three million,” stated the article, “an expansion of 50 percent from 2016.”

China had the highest global sales figures with 580,000 EVs sold – good for a 2.2% market share in 2017.

A large EV battery requires 25 kilograms of graphite.

China is cracking down on pollution. Researchers from Berkeley Earth estimate that 1.6 million Chinese die every year from pollution-related health issues.


The annual economic cost is about $700 billion – from medical expenses, hospitalisation and lost productivity.

Graphite heavy EVs are now an official part of China’s clean air policy.


According to Bloomberg news, graphite demand is soaring “because of its use in electric-vehicle batteries.”

A recent Global Graphite Market Report, predicts that the global graphite market will reach $21.4 Billion by 2024, growing at a Compound Annual Growth Rate (CAGR) of 5.6%.

China is currently working towards a new EV target of 12% of all vehicles by 2020.