Electrocatalytic oxidation of alcohols and aldehydes, known as alcohol oxidation reactions (AOR), provides a sustainable and efficient route for converting low-value feedstocks such as ethanol, glycerol, and 5-hydroxymethylfurfural into high-value chemicals, including organic acids and aldehydes, in line with the chemical industry’s transition toward carbon neutrality. This review synthesizes recent advancements in electrocatalytic AOR, emphasizing advances in catalyst design and detailed reaction mechanisms. A broad spectrum of catalysts is explored, ranging from noble metal-based (e.g., Pt, Pd, Au) to cost-effective non-noble metal-based (e.g., Ni, Cu, Co) materials, with attention to advanced strategies such as heteroatom doping, vacancy engineering, and alloying for fine-tuning electronic structures and optimizing intermediate adsorption. The review also delves into mechanistic insights, elucidating rate-determining steps, adsorption geometries, and electron-transfer pathways that govern AOR performance, supported by density functional theory analyses. Special emphasis is placed on the interplay between catalyst electronic structure and reaction kinetics, offering fresh perspectives for improving yield, selectivity, and Faradaic efficiency. Finally, current challenges, including catalyst stability, product selectivity, and scalability, are critically evaluated, and future directions such as in situ characterization and the development of non-noble metal catalysts are proposed to advance AOR toward large-scale, sustainable chemical synthesis.