The forecast for the total support on end-use electricity for transportation in the US shows a gradual increase from 2024 to 2028. From 2023, the upward trend reflects a consistent rise, aligning with the overall electrification movement in transportation. The year-on-year growth remains moderately steady, around 1% for each subsequent year, suggesting a stable increase in investment and adaptation in electricity usage in this sector. The compound annual growth rate (CAGR) across five years underlines this moderate but sustained upward movement, pointing towards a maturing market.

Future trends to watch for:

Increased adoption of electric vehicles driving higher electricity demand.
Potential policy changes influencing renewable energy integration.
Technological advancements reducing costs and increasing efficiency.
Further investments by public and private sectors supporting infrastructure development.