Friday, January 20, 2023

EVs cutting oil demand by 1.5 million barrels daily

 From a tweet by Jim Harris


EVs Cutting Oil Demand Globally by 1.5 million barrels/day Electrified 2 & 3 wheelers: Mopeds, scooters & motorcycles (predominantly in Asia) displacing 1 million barrels/day Data via BloombergNEF & image via @protocol



Global oil production is around 77 million barrels per day.

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