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US EV Power Demand Growth Slows to Three-Year Low as Sales Cool

Source: Bloomberg

Automotive & EVEnergy Markets & PricesConsumer Demand & RetailEconomic Data

US electricity use by electric vehicles is rising at its slowest pace in at least three years, according to the Energy Information Administration. The data signals cooling EV demand, creating a potential headwind for automakers, charging operators and the broader EV supply chain.

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