Oil demand displaced by electric vehicles vs Electric cars as a share of new car sales
In 2025, oil demand displaced by electric vehicles worldwide was 1.7 million barrels per day; electric cars as a share of new car sales was 25%.
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The series
Over time
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.
Oil demand displaced by electric vehicles
Unit: million barrels per day · 3 observations
Forecast: dashed line, hollow markers, shaded band Estimates are listed as such in the table below
Electric cars as a share of new car sales
Unit: % · 4 observations
Forecast: dashed line, hollow markers, shaded band
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 | Oil demand displaced by electric vehicles | Electric cars as a share of new car sales |
|---|---|---|
| 2024 | 1 million barrels per day IEA | 20% IEA |
| 2025 | 1.7 million barrels per day IEA | 25% IEA |
| 2030 both forecasts | 5 million barrels per day IEA | 40% IEA |
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 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
Data published under CC BY 4.0. Series A as JSON · Series B as JSON
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