Electric vehicle adoption in the U.S. is showing signs of cooling, with power demand growth for charging infrastructure hitting its slowest pace in three years. Analysts attribute the slowdown to a decline in new EV sales, raising questions about the sustainability of recent charging network expansions. Industry observers suggest shifting consumer priorities and economic factors may be influencing the market’s trajectory. The trend could signal a need for reassessment in how utilities and automakers plan for future energy needs tied to electric transportation.
US EV Power Demand Growth Slows to Three-Year Low as Sales Cool Bloomberg.com