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Investments & Commodities · OFFICIAL UPDATE

U.S. electricity use for electric vehicles increasing at a slower pace in 2026

Official release

We estimate light-duty electric vehicles in the United States consumed 8% more electricity during the first six months of 2026 than in the last half of 2025 (2H25) in our Monthly Energy Review, down from the 13-24% growth seen in six-month periods in recent years. The slowing electric vehicle electricity consumption growth followed a decline in sales after U.S. federal tax credits expired in September 2025. Overall, U.S. light-duty electric vehicle electricity use has more than doubled since 1H23, totaling nearly 14 billion kilowatthours in 1H26.

U.S. Energy Information Administration · EIA public-domain information policy. Text excerpted and formatting simplified; media and third-party quotations excluded. No endorsement implied.

Source: U.S. Energy Information Administration ↗

Source details

Last checked 6 Nov 2026, 7:49 pm IST · Coverage & methodology

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Refineries have shifted production away from gasoline to middle distillates

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Investments & Commodities

SGB redemption notices: six checks before you read the payout

Match the bond series, redemption route, units and observation window before comparing a Sovereign Gold Bond payout. A practical guide to reading the official notice.

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