The Rising Influence of Electric Micromobility in Reducing Oil Demand

The Rising Influence of Electric Micromobility in Reducing Oil Demand

20 November 2023

The Rising Influence of Electric Micromobility in Reducing Oil Demand

 

The Power of Electric Bikes and Scooters in Oil Demand Reduction

E-bikes and scooters are emerging as potent players in curbing oil demand, surpassing electric vehicles (EVs) in their impact. Particularly in wealthier countries like the United States, where 60 percent of car trips cover less than 10km, the shift toward electric micromobility presents a compelling solution.

Contrary to conventional belief, opting for an electric vehicle might not always be the most efficient choice, especially for shorter trips. Electric bikes and mopeds, known as electric micromobility, not only boast lower purchasing and operating costs but also exert four times the impact in reducing oil demand compared to all the world's EVs combined.

Unveiling the Remarkable Numbers

In the global transportation landscape, last year saw over 20 million electric vehicles and 1.3 million commercial EVs like buses and trucks. However, these figures pale in comparison to the staggering count of two- and three-wheelers. With over 280 million electric mopeds, scooters, motorcycles, and three-wheelers on the road, their prevalence is instrumental in slashing oil demand by approximately one million barrels per day, constituting about 1 percent of the world's total oil demand.

Electric Vehicles vs. Micromobility: A Comparative Analysis

While EVs are hailed for zero tailpipe emissions, their overarching advantage is often countered by their substantial electricity consumption, the weight of their batteries, and reliance on rare earth elements during manufacturing. Although EVs are indisputably greener than conventional cars, the ecological impact of battery production can offset some of their environmental gains.

From a financial standpoint, petrol cars incur higher costs, averaging around AUS$0.14 per kilometer in fuel and about $2,730 annually, including maintenance. In contrast, charging an EV for a similar distance amounts to roughly $480, with annual maintenance costs totaling $720. Despite the high initial investment, EVs exhibit significantly lower operational expenses.

Advantages of Electric Micromobility: Redefining Urban Commuting

The electric transport revolution prompts a reevaluation of urban commuting habits, challenging the necessity of car ownership. Cars, often with only one occupant, consume substantial energy for individual transportation needs. Conversely, electric mopeds and bikes are more energy-efficient, especially for one or two passengers, and are notably more affordable in terms of purchase and upkeep compared to electric cars.

For instance, commuting 20 km a day, five days a week on an e-bike would only cost around $20 annually in charging expenses. The swift rise in electric bike sales, exemplified by over 100,000 e-bikes sold in Australia last year, signifies their growing popularity as a practical mode of urban transport, particularly for short-distance trips like school runs or commutes.

Reshaping Urban Dynamics with Micromobility Solutions

Compact electric options such as scooters and skateboards address the "last kilometer" challenge faced by public transport systems, efficiently bridging the gap between home and transit stations. Embracing electric micromobility not only reduces urban emissions but also offers a significant reduction in carbon dioxide production, as evidenced by a UK study showing up to 45 percent less CO2 emitted during e-scooter trips compared to alternatives.

Researchers estimate that if e-bike trips were to encompass 11 percent of all vehicle trips, transport emissions could plummet by about 7 percent in the United States alone.

Implications and Choices for Individuals

For individuals contemplating an electric transition, assessing specific transport needs is crucial. Residents of outer suburbs or regional areas might find the extended range and larger capacity of electric cars more suitable. However, for many, a combination of an electric vehicle for longer journeys and an e-bike for short trips like grocery runs or commuting might offer the most practical and cost-effective solution.

In conclusion, while electric vehicles will undoubtedly contribute to reducing oil demand, the swift adoption of electric micromobility presents a compelling case for faster cuts in oil consumption, especially with the escalating petrol prices and declining battery costs. Whether it's embracing electric bikes, scooters, or a mix of transportation modes, the evolving landscape offers individuals diverse options to align with their specific commuting needs while contributing to a greener, more sustainable future.