C29 · Electric Vehicles · 2 regions
Oil demand displaced by electric vehicles
Global: 1.7 million barrels per day in 2025, +70.0% on 2024. IEA projects 5 million barrels per day for 2030.
- 1.7 million barrels per day Latest · Global · 2025
- +70.0% vs 2024
- Annual Release cadence
- 5 Records · 2 regions · 2024–2030
Verified 1 Oct 2026 · 1 publisher · Next period 2026
Over time
Global over time, then selected latest values by region. Forecasts are dashed with hollow markers; the underlying values are one click away under the chart.
Oil demand displaced by electric vehicles
Global, 2024 to 2030
Forecast: dashed line, hollow markers, shaded band Estimates are listed as such in the table below
Forecasts are dashed, with hollow markers.
Oil demand displaced by electric vehicles by region
Latest value per region, 2025
Estimate
Every record
5 records · 2 regions · 2024–2030. Each period links to its record: the value, its source evidence and original document.
| Period | Value | Source | Type |
|---|---|---|---|
| Global 4 records | |||
| 2030 | 5 million barrels per day | IEA · 20 May 2026 | forecast |
| 2030 | 5 million barrels per day | IEA · 14 May 2025 | forecast |
| 2025 | 1.7 million barrels per day | IEA · 20 May 2026 | estimate |
| 2024 | 1 million barrels per day | IEA · 14 May 2025 | estimate |
| China 1 record | |||
| 2025 | 1 million barrels per day | IEA · 20 May 2026 | estimate |
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How this measure is built
- Definition
- Reduction in the region's oil demand attributable to its electric vehicle stock, in barrels per day.
- Measure
- One slice of Avoided oil demand ( form: level, segment: electric vehicle ) . Volume of petroleum fuel demand displaced or avoided through alternative vehicles or technologies. Region and period are columns on every record, not slices.
- Limitations
- 2 figures are projections, drawn dashed and labelled in the table. Values are shown as published; StatOrigin does not revise, fill gaps or convert currencies.
- Verification
- Each value, unit, period and place was checked against its source evidence before publication. See the methodology and the corrections process.
Sources · 3 documents
| Document | Publisher | Published | Data points |
|---|---|---|---|
| Global EV Outlook 2026 | IEA | 20 May 2026 | 3 |
| Global EV Outlook 2025 | IEA | 14 May 2025 | 1 |
| Global EV Outlook 2025 | IEA | 14 May 2025 | 1 |
Other slices of avoided oil demand
- Oil demand avoided by EV uptake 1 electric vehicles
Frequently asked questions
What is the latest oil demand displaced by electric vehicles?
Global: 1.7 million barrels per day in 2025, +70.0% on 2024. IEA projects 5 million barrels per day for 2030.
Where does this data come from?
From 3 documents published by IEA. Every figure on this page links to its record, which preserves the original source evidence.
How often is it updated?
Annual. The newest published period is 2025; the next release should cover 2026. A new figure appears here once the publisher releases it and it passes verification.
Can I use this data?
Yes. StatOrigin publishes it under CC BY 4.0: you may copy, chart and republish it, including commercially, with attribution to StatOrigin and to the original publisher.
Cite this page
Cite the page as a data set, or open any record to cite one figure: each record carries APA, MLA, Chicago and BibTeX forms that credit the original publisher.
StatOrigin. (2026). Oil demand displaced by electric vehicles [Data set]. Retrieved October 28, 2026, from https://statorigin.org/indicators/global-oil-displaced-by-evs
"Oil demand displaced by electric vehicles." StatOrigin, 2026, https://statorigin.org/indicators/global-oil-displaced-by-evs. Accessed 28 Oct. 2026.
StatOrigin. "Oil demand displaced by electric vehicles." Data set, 2026. Accessed October 28, 2026. https://statorigin.org/indicators/global-oil-displaced-by-evs.
@misc{statorigin_global_oil_displaced_by_evs_2026, title = {Oil demand displaced by electric vehicles}, author = {{StatOrigin}}, year = {2026}, url = {https://statorigin.org/indicators/global-oil-displaced-by-evs}, note = {Data set. Accessed 2026-10-28} }