Study: EV adoption cut oil demand equivalent to 70 per cent of Iran's exports in 2025

Stuart Stone
clock • 5 min read
Credit: iStock
Image:

Credit: iStock

The global EV fleet helped avoid demand for 1.7 million barrels of oil a day in 2025, according to a new study that underscores how fossil fuels are 'the Achilles’ heel’ of the global economy

The pace and scale of the global electric vehicle (EV) rollout meant the use of 1.7 million barrels of oil was avoided each day in 2025 - equivalent to 70 per cent of the 2.4 million barrels a day typically...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

'Increasingly resilient': Study shows EV charger utilisation rates remain stable as network expands

'Increasingly resilient': Study shows EV charger utilisation rates remain stable as network expands

Report from Zapmap and Green Finance Institute provides encouraging evidence EV charging networks are managing to deploy new chargers in line with growing demand

James Murray
clock 12 May 2026 • 4 min read
Rolls-Royce eyes autumn launch for hybrid-electric mining truck

Rolls-Royce eyes autumn launch for hybrid-electric mining truck

Engineering giant claims its new low carbon haulage trucks are set to enter testing phase this autumn

Michael Holder
clock 12 May 2026 • 1 min read
Used EV sales surge by a third during first quarter

Used EV sales surge by a third during first quarter

Almost 87,000 second hand battery electric vehicles changed hands in the UK during the first three months of the year, according to the SMMT

Michael Holder
clock 12 May 2026 • 2 min read