business

EVs wiped out oil demand equal to 70% of Iran’s exports in 2025

Electrek
byMichelle Lewis
Wednesday, March 18, 2026 at 12:01 AM
EVs wiped out oil demand equal to 70% of Iran’s exports in 2025

EVs cut 1.7 million barrels of oil per day in 2025, saving billions and reshaping global energy security, Ember finds.

EVs are starting to chip away at one of the global economys biggest vulnerabilities: oil. A new analysis from energy think tank Ember finds that the global EV fleet avoided 1.7 million barrels per d… [+3559 chars]
Language

eng

Source

Electrek

Category

business

Added

5d ago