Impact

Electric vehicles saved 1.8 million barrels of oil daily in 2024

Source: https://www.iea.org/reports/global-ev-outlook-2024
1.8
million barrels of oil saved per day due to EV adoption

In 2024, the global adoption of electric vehicles (EVs) led to a significant reduction in oil consumption, with an estimated 1.8 million barrels of oil saved each day. This milestone underscores the transformative impact of electrification on energy demand and emissions. For operational leaders, this highlights the importance of integrating electrification strategies within supply chains and transportation logistics to contribute to sustainability goals.

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