---
title: "Electric cars could cut oil imports 40% by 2030, says study"
description: "Electric cars could cut the UK’s oil imports by 40% and reduce drivers’ fuel bills by £13bn if deployed on a large scale, according to a new study."
date: "2015-03-10"
modified: "2015-08-13"
authors:
  - name: "Andrew Johnson"
    link: "https://futurism.com/authors/andrewjohnson"
url: "https://futurism.com/electric-cars-could-cut-oil-imports-40-by-2030-says-study"
categories:
  - "Advanced Transport"
  - "Electric Vehicles"
tags:
  - "transport"
---

# Electric cars could cut oil imports 40% by 2030, says study

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- An electric vehicle surge would deliver an average £1,000 of fuel savings a year per driver, and spark a 47% drop in carbon emissions by 2030, said the Cambridge Econometrics study.
- The paper, commissioned by the European Climate Foundation, said that air pollutants such as nitrogen oxide and particulates would be all but eliminated by mid-century, with knock-on health benefits from reduced respiratory diseases valued at over £1bn.
- The knock-on benefits to the UK’s GDP from reduced oil costs and increased vehicle spending could amount to between £2.4-£5bn by 2030, the study says. Between 7,000-19,000 jobs would also be created.