By 2040, the 330-million EVs on the road in this scenario displace around four-million barrels a day of oil use.
Under the report's sustainable development scenario, which is calibrated to global climate commitments and meeting sustainable energy goals, electrification of mobility proceeds more quickly and the EV fleet reaches nearly 900-million by 2040.
"Although emissions are rising, some governments are pushing major policy changes", Birol told journalists in Paris.
The report also offered the sobering statistic that it would take 200 years at an annual deployment rate of 100GW to reach the scale of 2018 global electricity demand.
By 2040, Australian net coal exports are forecast to have grown by 65-million tonnes of coal equivalent, or 18%, reaffirming the important role Australia plays in supplying high quality resources, including coal, to our global trading partners, Canavan said.
Critics say the IEA underplays the speed at which the world could switch to renewable sources of energy.
The watchdog Global Witness criticised the IEA for continuing "to promote massive investment in fossil fuels". However, it still accounts for 85% of the increase in global oil production to 2030, and for 30% of the increase in gas.
The IEA's World Energy Outlook is increasingly important to governments because of its relevance to climate policy. That would require a big boost in wind and solar power, the IEA said, and a new push for energy efficiency, which has slowed in recent years.
IEA officials also say there is also some wishful thinking about how quickly the transition to cleaner energy could happen. "This is why I believe that the world needs to build a grand coalition encompassing governments, investors, companies and everyone else who is genuinely committed to tackling climate change".
Mr McConville said the IEA report highlighted an emerging challenge for Australia with the United States expected to become the world's leading LNG exporter by the mid-2020s.
The IEA says that much of the dramatic expansion of the solar industry has been driven by policy changes in China, which the outlook was not created to predict, and that projections in other areas have proved accurate.
The share of SUVs in global auto sales has more than doubled over the last ten years to reach 40%, the report states.
These stark observations from the "World Energy Outlook 2019" report emulated that of the infamous IPCC report of 2018 that stated: "Limiting global warming to 1.5°C would require rapid, far-reaching and unprecedented changes in all aspects of society". The outlook is published each year with a different cover featuring the yellow and red colors of Birol's favorite soccer club, Istanbul-based Galatasaray.
"We are facing a question - either to cut coal consumption faster in order to offset the emission growth from oil and gas, or to control carbon emissions coming from oil and gas use as well", said Yang Fuqiang, senior advisor with the Natural Resources Defense Council.
IEA officials emphasized that the outlooks are not forecasts; rather, they explore the implications of existing policies, which is made clear in the introduction. And the upcoming population boom in cities across Africa and Asia.
"The world urgently needs to put a laser-like focus on bringing down global emissions", Birol said.