Oil demand displaced by electric vehicles

In 2025, the global fleet of EVs avoided the consumption of around 1.7 million barrels of oil per day (mb/d), primarily in countries that have implemented fuel economy and CO2 standards, such as China and the European Union.

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APA

International Energy Agency. (2026). Global EV Outlook 2026. Retrieved September 14, 2026, from https://www.iea.org/reports/global-ev-outlook-2026/executive-summary. Via StatOrigin, https://statorigin.org/stat/stat_5ZYZMECEPJF2RS0BSA0CPTFH24

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MLA

International Energy Agency. "Global EV Outlook 2026." 2026, https://www.iea.org/reports/global-ev-outlook-2026/executive-summary. Accessed 14 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_5ZYZMECEPJF2RS0BSA0CPTFH24.

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Chicago

International Energy Agency. "Global EV Outlook 2026." 2026. https://www.iea.org/reports/global-ev-outlook-2026/executive-summary. Accessed September 14, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_5ZYZMECEPJF2RS0BSA0CPTFH24.

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BibTeX

@misc{iea2026displacedptfh24, author = {{International Energy Agency}}, title = {Global EV Outlook 2026}, year = {2026}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_5ZYZMECEPJF2RS0BSA0CPTFH24}, note = {Original source: https://www.iea.org/reports/global-ev-outlook-2026/executive-summary. Accessed September 14, 2026.} }

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Record last modified 17 September 2026. Value type: estimate. Update cadence: annual. This page is permanently addressable at statorigin.org/stat/stat_5ZYZMECEPJF2RS0BSA0CPTFH24.