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Global Clean Investment Monitor: Electric Vehicles and Batteries

In this first edition of the new Global Clean Investment Monitor, we explore how—after decades of national policy support, primarily in the US, China, and Europe—electric vehicles and batteries have been catapulted into mass commercialization.

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Electric Trucks and the Future of Chinese Oil Demand

We estimate China's total electric vehicle fleet is already displacing over 1 million barrels per day in implied oil demand. That level is likely to rise by around 600,000 barrels per day over the next year.

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Trade Diversion: Blessing or Curse?

If tariffs remain high, US-China trade flows will be redirected in the medium term: Third countries may find opportunities to serve US demand, but will also face an influx of low-priced Chinese exports.

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