The global automotive aftermarket united at AAPEX 2023 for a sold-out show that included nearly 2,600 manufacturers and suppliers displaying thousands of products, innovations and technologies in the more than $1.8 trillion industry.

The Joint EV Trends and Outlook Forecast released at AAPEX 2022 reports that battery electric vehicles (BEVs) accounted for 6% of new vehicle registrations in 2022 and are forecast to reach 56% of vehicles sold in 2035 and 81% in 2045. This would translate to 19% of the U.S. car parc being BEVs or plug-in hybrid electric vehicles (PHEVs) in 2035 and 42% in 2040. 

Just like the inner workings of our businesses, challenges that arise in the automotive aftermarket are seldomly singular – they all have a cause, an effect and contributing factors. Today’s topic is no different. As we collectively work towards addressing the technician gap or adapting to new vehicle technologies, we must realize that these challenges can’t be talked about in a vacuum – they’re related and can enable us to address both more effectively!

Media Registration is Open! May 10, 2023 Media registration is open for AAPEX 2023! With exhibit space already 95% sold out, AAPEX is your go-to destination for innovative products and technol…

ADAS: The Aftermarket Technology Growth Opportunity Happening Now Tuesday, May 09, 2023 Paul McCarthy ADAS: The Aftermarket Technology Growth Opportunity Happening Now By Paul McCarthy…

Adoption of battery electric vehicles (BEVs) in the United States has increased substantially the past several years – BEVs accounted for 6% of new vehicle registrations in 2022 and are forecast to reach 56% of vehicles sold in 2035 and 81% in 2045.