Over the next few decades, conventional gasoline and diesel vehicles will become less common and more expensive compared to electric vehicles (EVs). Not only will the purchasing price of conventional vehicles go up, but also the cost of maintenance and fuel. With more EVs on the road, the demand for petroleum products, like gasoline and diesel, will decrease helping to reduce the amount of harmful emissions entering the atmosphere. Globally, emissions from conventional vehicles are expected to decline by 50% from 2017 to 2050. Over the next few decades, technological advancements and more rigorous government standards will make all forms of travel more efficient reducing the amount of energy needed to power different forms of transportation.

 

By 2040, only 40% of new car sales in Canada are predicted to be conventional vehicles. On a global scale, conventional vehicles will continue to become less common with only 20% of cars expected to be conventional in 2050. For people driving conventional vehicles, it will become more common to purchase gasoline and diesel blended with renewable fuels, such as biofuel, ethanol and biodiesel, helping to reduce emissions. Renewable fuels like these are made from living matter, such as corn and wheat, rather than having to extract non-renewable petroleum products from the Earth. By 2040, Canadian gasoline and diesel are expected to be blended with 15% renewable fuels on average, while the rest is comprised of traditional petroleum products.