Electric cars are helping the EU save around €4.5 billion a year on fossil fuel imports, according to Brussels data cited in a report by the International Council for Clean Transport (ICCT).
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10/09/2026
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The electric cars are increasingly taking over the market – having an increasing share in several European countries such as Portugal. And this contributes to the accounts of the European Union.
This is what the recently published EV Transition Check 2026 of the International Council for Clean Transport (ICCT) points out – which cites figures advanced by the European Commission.
You can read: “In terms of cost of use road electricity is currently saving the EU around €4.5 billion a year in imports of fossil fuels”.
According to Brussels, the adoption of electric cars has already allowed to reduce about 4.5 percent of automobile related oil use – for about 140,000 barrels a day.
The same ICCT report points out that “the rapid transition to electric vehicles is ensuring both Europe’s long-term energy resilience and industrial car competitiveness, thus generating lasting jobs in the automotive sector.”.
Growing demand
Electric cars have become more accessible and more sought-after, while demand for combustion models has become more contained – especially in the last six months, due to the rise in fuel prices due to the conflict in the Middle East.
The same ICCT report points out that, in the first half of the year, electric cars accounted for 22 percent of all new enrollments in the EU, with a 28 percent share for heavy passengers, 21 percent for heavy medium vehicles and 2.3 percent for heavy trucks.