Under existing climate policies, electric vehicles could wipe out use of 2m barrels a day of diesel and petrol
The number of electric cars, vans, trucks and buses on the world’s roads is on course to increase from 11m vehicles to 145m by the end of the decade, which could wipe out demand for millions of barrels of oil every day.
A report by the International Energy Agency has found that there could be 230m electric vehicles worldwide by 2030 if governments agreed to encourage the production of enough low-carbon vehicles to stay within global climate targets.
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