Electric vehicles saved 1.7 million barrels per day in 2025
Electric vehicles contributed to a daily savings of 1.7 million barrels of oil in 2025, significantly impacting global oil consumption and imports.
According to a report by the energy think tank Ember, the global fleet of electric vehicles (EVs) has successfully avoided the consumption of 1.7 million barrels of oil per day in 2025, an increase from 1.3 million barrels saved in 2024. This growth highlights the accelerating shift towards EVs, particularly in China, where electric vehicles accounted for 50% of car sales. The transition to electric mobility not only reduces reliance on fossil fuels but also leads to substantial economic benefits, such as savings on oil imports. In addition to the environmental benefits, the report outlines the global economic impact. Ember notes that for every increase of $10 per barrel of oil, the net global bill for oil imports rises by approximately $160 billion annually. This statistic underscores the potential financial repercussions of fluctuating oil prices. By shifting towards electrification in transportation, countries could significantly curb their fossil fuel imports by one-third, translating to an estimated annual savings of $600 billion. The findings of this study align with data from the International Energy Agency, which suggests a widespread acceptance of both fully electric and hybrid vehicles in reducing oil dependency. As the adoption of electric vehicles continues to grow, it will be pivotal in shaping future energy consumption patterns and national energy security strategies across the globe.