Electric vehicles surge but peak oil is decades away

Over decades, electric vehicle numbers will proliferate, retarding oil demand growth and increasing electricity demand

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In this article

  • Oil impact
  • Varying EV estimates
  • ICE/EV cost competitiveness
  • Travelling further
  • Few EVs among heavy segment
  • Interpolation
  • Hybrids vs pure EVs
  • Electricity impact
  • Tipping point?

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.