This disclosure relates to a lubricating oil (e.g., gear oil) for use in an electric or hybrid vehicle. The lubricating oil has a composition including one or more lubricating oil base stocks as a major component, and one or more lubricating oil additives, as a minor component. The one or more lubricating oil base stocks include at least one Group IV base oil, or at least one Group V base oil. The lubricating oil has a kinematic viscosity (KV100) from 1 cSt to 7 cSt at 100° C. as determined by ASTM D-445, and an electrical conductivity at room temperature of less than 15,000 pS/m as determined by ASTM D-2624. This disclosure also relates to methods for producing a lubricating oil for a transmission, gear train, gear set, gear box, or gears of an electric vehicle powertrain and methods for improving energy efficiency, while maintaining or improving wear control.