Oil demand displaced by electric vehicles vs Electric car sales share

Oil demand displaced by electric vehicles and Electric car sales share worldwide, drawn over time. No period has an observed value for both, so the two are not set side by side.

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Global, annual figures, spaced by time . Different units, drawn on separate scales . Read the values, not the heights.

Oil demand displaced by electric vehicles

Unit: million barrels per day · 3 observations

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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 2022 2024 2026 2028 2030 2032 2034 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 2022 2024 2026 2028 2030 2032 2034 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 2022 2024 2026 2028 2030 2032 2034 FORECAST 1 5
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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

Electric car sales share

Unit: % · 4 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

Electric car sales shareElectric car sales share. 4 observations from 2022 to 2035, ranging from 14% to 50%, of which 2 are forecasts. Latest value 50% (2035). % 0 10 20 30 40 50 2022 2024 2026 2028 2030 2032 2034 FORECAST 14% 50%
Electric car sales shareElectric car sales share. 4 observations from 2022 to 2035, ranging from 14% to 50%, of which 2 are forecasts. Latest value 50% (2035). % 0 20 40 60 2022 2024 2026 2028 2030 2032 2034 FORECAST 14% 50%
Electric car sales shareElectric car sales share. 4 observations from 2022 to 2035, ranging from 14% to 50%, of which 2 are forecasts. Latest value 50% (2035). % 0 20 40 60 2022 2024 2026 2028 2030 2032 2034 FORECAST 14% 50%
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Electric car sales share
Period Type Value
2022 Actual 14%
2023 Actual 18%
2024 Forecast 20%
2035 Forecast 50%
Source: IEA · CC BY 4.0 · Full series

Shared periods

Side by side

The periods both series cover pair an actual figure with a forecast, so no row sets them side by side.

Provenance

Where these numbers come from

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

Electric car sales share

Share of new passenger car sales that are electric vehicles.

4 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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