Acc. to Bloomberg, EVs are now reducing the world consumption of oil by 1.8 million barrels a day!
Acc. to Bloomberg, EVs are now reducing the world consumption of oil by 1.8 million barrels a day!
cleantechnica.com 1.8 Million Barrels of Oil a Day Avoided from Electric Vehicles - CleanTechnica
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! We love covering electric ... [continued]
And this is net emissions reductions, also taking into account the emissions from extra electricity generation.
Still a long way to go. The world still uses more oil each year, but new technology is certainly helping in lowering that curve.
I recommend to read the whole article for more information and what we can expect in the future.
2 comments
Does it also take until account the production costs of EV vs ICE?
When you consider that EV lithium batteries are 99% renewable, my guess would be it's even better in the long run.