Lithium-ion battery pack price change vs Oil demand displaced by electric vehicles

Lithium-ion battery pack price change and Oil demand displaced by electric vehicles 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 and clipped to the years both series publish; earlier history stays on each indicator’s own page. Read the values, not the heights.

Lithium-ion battery pack price change

Unit: % · 2 observations

Line chart
Lithium-ion battery pack price changeLithium-ion battery pack price change. 2 observations from 2022 to 2023, ranging from -14% to 7%. Latest value -14% (2023). % -15 -10 -5 0 5 10 2022 2023 2024 2025 2026 2027 2028 2029 2030 7% -14%
Lithium-ion battery pack price changeLithium-ion battery pack price change. 2 observations from 2022 to 2023, ranging from -14% to 7%. Latest value -14% (2023). % -20 -10 0 10 2022 2023 2024 2025 2026 2027 2028 2029 2030 7% -14%
Lithium-ion battery pack price changeLithium-ion battery pack price change. 2 observations from 2022 to 2023, ranging from -14% to 7%. Latest value -14% (2023). % -20 -10 0 10 2022 2023 2024 2025 2026 2027 2028 2029 2030 7% -14%
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Lithium-ion battery pack price change
Period Type Value
2022 Actual 7%
2023 Actual -14%
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 2022 2023 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 2022 2023 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 2022 2023 2024 2025 2026 2027 2028 2029 2030 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

Shared periods

Side by side

The two series do not publish a figure for the same period.

Provenance

Where these numbers come from

Lithium-ion battery pack price change

Year-on-year percentage change in the price of lithium-ion battery packs.

2 observations charted in Global · 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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