Dec 18, 2013 01:23 PM EST
Gas-Powered Vehicles Will Continue to Rule U.S. Roads in 2040

Gas-powered vehicles will supposedly still rule U.S. roads in 2040, according to a new study by the federal government.

Plug-in hybrid and electric vehicles won't catch up to gas-powered cars, and will account for just 1 percent of total sales in 2040, according to the Annual Energy Outlook 2014.

The approximate number of diesel vehicles on U.S. roads is expected to double from 2 percent in 2012 to 4 percent.

By 2040, 78 percent of all vehicles, including cars and trucks, will run on gasoline, compared to 82 percent last year, according to the report.

More fuel efficient vehicles will rise from 21.5 mpg in 2012 to 37.2 mpg in 2040, but it still won't be enough to catch gas-powered vehicles.

The report was published by the U.S. Energy Information Agency.

Advanced technology fuel efficiency subsystems and micro-hybrids will be found on just 42 percent of all vehicles by 2040.

The federal government feels that unleaded gasoline will cost drivers approximately $3.90 a gallon in 2040.

The cost of diesel fuel will rise to $4.73 a gallon by 2040, though numbers are adjusted for inflation, according to the study.

See Now: OnePlus 6: How Different Will It Be From OnePlus 5?

 PREVIOUS POST
NEXT POST 

EDITOR'S PICK    

Hyundai to Invest $16.1 Billion for EV Business; Sets Annual Sales Goal of 1.87M Electric Cars by 2030

World's Most Expensive and Most Heavily-optioned Porsche 928 GTS is Coming Home to the U.S.

Major Boost as Tesla Giga Berlin Facility in Final Phase of Approval Process; Delivery Event Set This Month

Audi Looking for e-tron Electric Vehicles to Spur Car Brand's Growth in India in 2022

Toyota Offers Free EV Charging to Owners of 2023 bZ4X After Partnership Agreement with EVgo

2022 Suzuki Baleno Finally Unveiled in India: What are the Specs and Features of this City Car?