Electric cars as a share of new car sales vs Oil demand displaced by electric vehicles

In 2025, electric cars as a share of new car sales worldwide was 25%; oil demand displaced by electric vehicles was 1.7 million barrels per day.

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Global, annual figures, spaced by time from 2024 to 2030 . Different units, drawn on separate scales and clipped to the years both series publish; earlier history stays on each indicator’s own page. Read the values, not the heights.

Electric cars as a share of new car sales

Unit: % · 4 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

Electric cars as a share of new car salesElectric cars as a share of new car sales. 4 observations from 2024 to 2030, ranging from 20% to 40%, of which 2 are forecasts. Latest value 40% (2030). % 0 10 20 30 40 2024 2025 2026 2027 2028 2029 2030 FORECAST 20% 40%
Electric cars as a share of new car salesElectric cars as a share of new car sales. 4 observations from 2024 to 2030, ranging from 20% to 40%, of which 2 are forecasts. Latest value 40% (2030). % 0 10 20 30 40 2024 2025 2026 2027 2028 2029 2030 FORECAST 20% 40%
Electric cars as a share of new car salesElectric cars as a share of new car sales. 4 observations from 2024 to 2030, ranging from 20% to 40%, of which 2 are forecasts. Latest value 40% (2030). % 0 10 20 30 40 2024 2025 2026 2027 2028 2029 2030 FORECAST 20% 40%
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Electric cars as a share of new car sales
Period Type Value
2024 Actual 20%
2025 Actual 25%
2026 Forecast 28%
2030 Forecast 40%
Source: IEA · CC BY 4.0 · Full series

Oil demand displaced by electric vehicles

Unit: million barrels per day · 3 observations

Line chart

Forecast: dashed line, hollow markers, shaded band Estimates are listed as such in the table below

Oil demand displaced by electric vehiclesOil demand displaced by electric vehicles. 3 observations from 2024 to 2030, ranging from 1 million barrels per day to 5 million barrels per day, of which 1 are forecasts. Latest value 5 million barrels per day (2030). million barrels per day 0 1 2 3 4 5 2024 2025 2026 2027 2028 2029 2030 FORECAST 1 5
Oil demand displaced by electric vehiclesOil demand displaced by electric vehicles. 3 observations from 2024 to 2030, ranging from 1 million barrels per day to 5 million barrels per day, of which 1 are forecasts. Latest value 5 million barrels per day (2030). million barrels per day 0 2 4 6 2024 2025 2026 2027 2028 2029 2030 FORECAST 1 5
Oil demand displaced by electric vehiclesOil demand displaced by electric vehicles. 3 observations from 2024 to 2030, ranging from 1 million barrels per day to 5 million barrels per day, of which 1 are forecasts. Latest value 5 million barrels per day (2030). million barrels per day 0 2 4 6 2024 2025 2026 2027 2028 2029 2030 FORECAST 1 5
View the underlying data
Oil demand displaced by electric vehicles
Period Type Value
2024 Estimate 1 million barrels per day
2025 Estimate 1.7 million barrels per day
2030 Forecast 5 million barrels per day
Source: IEA · CC BY 4.0 · Full series

Shared periods

Side by side

3 periods are published for both series as annual figures on the same basis. Comparing anything else would mean comparing different periods.

Period Electric cars as a share of new car sales Oil demand displaced by electric vehicles
2024 20% IEA 1 million barrels per day IEA
2025 25% IEA 1.7 million barrels per day IEA
2030 both forecasts 40% IEA 5 million barrels per day IEA

Provenance

Where these numbers come from

Electric cars as a share of new car sales

Battery-electric and plug-in hybrid passenger cars as a percentage of all new passenger car sales in the region during the calendar year.

4 observations charted in Global (of 5 annual records) · source organisations: IEA

Oil demand displaced by electric vehicles

Reduction in the region's oil demand attributable to its electric vehicle stock, in barrels per day.

3 observations charted in Global · source organisations: IEA

Data published under CC BY 4.0. Series A as JSON · Series B as JSON

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