Sales of new electric cars are expected to reach 8.8 million in 2030 and about 11 million in 2035.
In the U.S., electric vehicle (EV) electricity demand could reach nearly 721 terawatt-hours in 2035.
Changing technologies for energy collection and managing EV charging demand at peak times can offset electricity demand.
Advancements in technology, declining costs, policies, and the expansion of charging infrastructure have encouraged adoption of electric vehicles (EVs) globally (International Energy Agency (IEA) 2024d, Muratori & Mai 2021). In 2023, one in ten new car registrations was an electric car in the U.S. (IEA 2024d). The same year, the number of new EV registrations reached 1.4 million.
It is predicted that annual new consumer EV sales in the U.S. will be 8.8 million in 2030 and about 11 million in 2035 (IEA 2024d). Because of adopted heavy-duty emissions regulations, annual sales of electric bus and commercial truck are also expected to grow to about 97,000 and 420,000 respectively in 2035 (IEA 2024c).
Used EV markets are also emerging as more used electric cars enter the resale market (IEA 2024d). In 2023, the used EV market amounted to nearly 400,000 vehicles in the U.S. Over half of used electric cars are priced below $30,000, and the average price is expected to drop to $25,000. Starting in January 1st 2023, individuals buying a qualified used EV for $25,000 or less from a licensed dealer may be eligible for the Used Clean Vehicle tax credit of up to $4,000 (Internal Revenue Service 2025).
In 2023, EVs represented 0.5% of global electricity consumption, using roughly 130 TWh (terawatt-hours) (IEA 2024a, IEA 2024d). Growing EV adoption will increase electricity demand, with a total EV global electricity demand increase of 6-8% by 2035 (IEA 2024d).
Analysis of EV electricity consumption is modeled under two policy scenarios considering historical data through 2023, policies in place, and commitments announced by the end of March 2024 (IEA 2024a). The Stated Policies Scenario (STEPS) is a conservative scenario that takes into account existing policies, while the Announced Pledge Scenarios (APS) is an optimistic scenario based on higher ambitious climate targets. By 2030, STEPS and APS models predict that U.S. EV electricity consumption could reach 283 TWh or 319 TWh respectively (IEA 2024c, Figure 1). By 2035, STEP and APS predict electricity consumption by EVs could rise to 651 or 721 TWh respectively.

Figure 1. Projected U.S. EV electricity consumption. STEPS and APS total projected U.S. EV electricity consumption (TWh) includ-ing cars, buses, trucks and vans in 2025, 2030 and 2035. Data from IEA 2024c.
Apart from the electricity required, location and timing of EV charging are factors to consider as unmanaged charging can cause peak demand surges (IEA 2024d, Muratori & Mai 2021). EV demand surges strain the grid and accelerate damage to the infrastructure (Jenn & Highleymann 2022). In the U.S., about 83% of EV charging is done at home, which could result in evening peak demands as individuals charge their cars after working hours (IEA 2024d). Strategies like time of day price variation and charging management could help handle demand. Managing EV charging involves deciding when to start, stop, or adjust charging based on grid conditions, while guaranteeing that it is charged when the customer needs it (U.S. Department of Energy 2024).
Technologies to capture energy from roads have gained attention for their potential to generate renewable power from moving vehicles or road environment (Warsi & Kumar 2024, Gholikhani et al. 2020, Zabihi & Saffi 2020, Ahmad et al. 2019). However, they are in development stages, and most have not been deployed in a suitable location (Zabihi & Saffi 2020):
References
Ahmad S, Abdul Mujeebu M, Farooqi MA (2019) Energy harvesting from pavements and roadways: A comprehensive review of technologies, materials, and challenges. International Journal of Energy Research, 43(6): 1974-2015. https://doi.org/10.1002/er.4350.
Gholikhani M, Roshani H, Dessouky S, Papagiannakis AT (2020) A critical review of roadway energy harvesting technologies. Applied Energy, 261:114388. https://lan-inc.com/wp-content/uploads/2020/10/Hossein-Roshani-Paper.pdf.
Internal Revenue Service (IRS) (2025) Used Clean Vehicle Credit. https://www.irs.gov/credits-deductions/used-clean-vehicle-credit
International Energy Agency (IEA) (2024a) Electricity demand resulting from the use of electric vehicles, 2023, IEA, Paris https://www.iea.org/data-and-statistics/charts/electricity-demand-resulting-from-the-use-of-electric-vehicles-2023. Licence: CC BY 4.0
International Energy Agency (IEA) (2024b) Global Energy and Climate Model Documentation - 2024. Link
International Energy Agency (IEA) (2024c) Global EV Data Explorer. https://www.iea.org/data-and-statistics/data-tools/global-ev-data-explorer
International Energy Agency (IEA) (2024d) Global EV Outlook 2024. Moving towards increased affordability. https://iea.blob.core.windows.net/assets/a9e3544b-0b12-4e15-b407-65f5c8ce1b5f/GlobalEVOutlook2024.pdf
Jenn A., Highleyman J (2022) Distribution grid impacts of electric vehicles: a California case study. iScience, 25: 103686. https://doi.org/10.1016/j.isci.2021.103686.
Liu X, Wang J (2019) Performance exploration of a radially layered cymbal piezoelectric energy harvester under road traffic induced low frequency vibration. In IOP Conference Series: Materials Science and Engineering 2019, 542(1): 012075. https://iopscience.iop.org/article/10.1088/1757-899X/542/1/012075/meta
Muratori M, Mai T (2021) The shape of electrified transportation. Environmental Research Letters, 16(1): 01 1003. https://doi.org/10.1088/1748-9326/abcb38
Muratori M, Alexander M, Arent D, Bazilian M, Cazzola P, Dede EM, Farrell J, Gearhart C, Greene D, Jenn A, Keyser M (2021) The rise of electric vehicles—2020 status and future expectations. Progress in Energy, 3(2):022002. https://iopscience.iop.org/article/10.1088/2516-1083/abe0ad
U.S. Department of Energy (2024). Impact of Electric Vehicles on the Grid Report to Congress. Link
Warsi MH, Nandha Kumar T (2024) Advances in energy harnessing techniques for smart highways: a review. Electrical Engineering, 106(5): 6389-6408. https://link.springer.com/article/10.1007/s00202-024-02379-8
Wood E, Borlaug B, Moniot M, Lee DY, Ge Y, Yang F, Liu Z (2023) The 2030 national charging network: Estimating US light-duty demand for electric vehicle charging infrastructure. National Renewable Energy Laboratory (NREL), Golden, CO (United States). https://www.nrel.gov/docs/fy23osti/85654.pdf.
Yip A, Hoehne C, Jadun P, Ledna C, Hale E, Muratori M (2023) Highly Resolved Projections of Passenger Electric Vehicle Charging Loads for the Contiguous United States. National Renewable Energy Laboratory. https://www.nrel.gov/docs/fy23osti/83916.pdf
Zabihi N, Saafi M (2020) Recent developments in the energy harvesting systems from road infrastructures. Sustainability,12(17): 6738. https://www.mdpi.com/2071-1050/12/17/6738.
Zhao H, Qin L, Ling J (2015) Test and analysis of bridge transducers for harvesting energy from asphalt pavement. International Journal of Transportation Science and Technology, 4(1):17-28. https://doi.org/10.1260/2046-0430.4.1.17.
