CleanTechnica: "EVs Displace 5 Times More Oil Globally Than They Did 5 Years Ago—Analysis."
"Five years on from Glasgow, EVs have proved the single most effective way to curb oil use." Battery electric vehicles (BEVs) make up about 4.2% of the global car fleet but account for a [full] quarter of all new cars sold worldwide.
"BEVs displace [now] 1.2 million barrels of oil a day (1.2% of global oil consumption), compared to 215,000 bMbpd in 2021." BEVs on the road avoid the emissions of more than 200 Mt of CO2-equivalent a year.
At COP26 in Glasgow,24 countries + a group of leading car manufacturers committed to ending the era of fossil-fuel powered vehicles by 2040 “or earlier.” 5 yrs + 2 energy crises later, oil savings from EVs globally are up fivefold.
"At the same time, electric buses now make up 5% of the global fleet, battery electric trucks are at 1%—but in some countries exceed 50% of new sales." As road transport burns close to half of all the world’s oil, transitioning to EVs is crucial in reducing oil dependency.
"Right now the only winners in our oil addiction are fossil fuel giants + petrostates." Places with near 100% sales of EVs like Norway, Denmark + Hong Kong have effectively insulated themselves from future shocks.
Each individual owner of an EV diminishes the demand for finished petroleum products like gasoline + diesel. The EV owner may also set up an interactive + bidirectional flow of information + electrons with their local electric utility, enhancing grid + geopolitical security for all of us, as well as cleaning up air + noise pollution. Building out long-distance transmission + the charging network for EVs set the stage for the transition to the electrostate. All of us and the environment more broadly benefit from these actions.