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.