Insight

The rise of the electric car: how will it impact oil, power and metals?

28 November 2017

Get this report

$2,500

You can pay by card or invoice

Share link

Contact us

Submit your details to receive further information about this report.

First name
Last name
Email
Telephone

Region

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

For details on how your data is used and stored, see our Privacy Notice.

- FAQ's about online orders
- Find out more about subscriptions

28 November 2017

The rise of the electric car: how will it impact oil, power and metals?

Report summary

The electrification of transport has long-term implications for oil demand, power & renewables, and the metals sectors. A shift in government policy along with continued declines in battery costs will allow for an increasing penetration of electric vehicles into the light duty vehicle market. By 2035, 1 in 9 cars sold globally will be electrified, bringing the total EV fleet to 125 million. This will displace nearly 2 million b/d of gasoline demand, while increasing power demand by roughly 350 TWh in 2035. What are the upside and downside risks to our view that could change the EV trajectory in the long-term?

Why buy this report

Bets are being placed on an electric vehicle future. But what does this mean for global fuel demand? This report offers detailed analysis of the impact electric vehicles will have across the oil, power and metals sectors, equipping you to:

Forecast opportunities as electric vehicles grow in popularity
Identify the key drivers of demand, including the impact of government policy
Understand the impact on commodity markets, particularly oil demand
Pinpoint any upside and downside risks

Our analysts are uniquely placed to offer insight on the rise of electric vehicles, leveraging our expert knowledge of commodity markets.

Our report maps trends in the electric vehicle market for the next 20 years. It includes:

Our latest forecasts for EVs by region
Analysis of the investment, technological and policy drivers influencing demand
Modelling for the extreme scenario of a carbon-constrained world

No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

Electric vehicle data.xlsx

XLSX 184.10 KB
The rise of the electric car how will it impact oil, power and metals.pdf (3)

PDF 2.17 MB
The rise of the electric car: how will it impact oil, power and metals?

ZIP 2.20 MB

Other reports you may be interested in

24 January 2019

Our top 10 Insights of 2018: WoodMac Refining and Oil Products Research

Insight

Our top 10 Insights of 2018: WoodMac Refining and Oil Products Research

24 January 2019

Our refining and oil products research team published over a hundred insights in 2018. What are the top 10 insights?

$900

29 January 2018

China metals and mining: 5 things to look for in 2018

Insight

China metals and mining: 5 things to look for in 2018

29 January 2018

In 2018, China metals and mining industry will further transition to a healthier sector with slower but sustainable growth.

$1,050

06 December 2017

The Rise of the Electric Car: How Will it Impact Oil, Power and Metals?

Commodity Market Report

The Rise of the Electric Car: How Will it Impact Oil, Power and Metals?

06 December 2017

This Wood Mackenzie report provides data-driven insight into the impact of global electric vehicle adoption on oil, power and metals markets. Today, electric vehicles make up less than 1% of the 8...

$3,990