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There's a good chance you'll be driving an electric car in just 10 years

Feb 23, 2016, 03:58 IST

Business Insider/Julie Bort

In the next decade or so, experts predict that electric car sales will surpass gas-powered car sales.

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That may seem hard to believe. In 2015, all of the alternative fuel cars (hybrid, electric, natural gas, etc.) put together only made up about 7% of the 129 million total cars in the US, according to the US Energy Information Administration.

But by 2030, a report from Argonne National Laboratory predicts, electric cars will make up 58% of the light vehicle market, and non-hybrid gas cars will only comprise 23%.

That flip-flop would mean Americans would use 2.4 million fewer barrels of oil per day, reducing greenhouse gas emissions by 400 million metric tons of carbon dioxide per year.

We have a ways to go, but the technology powering electric cars has been leapfrogging itself in the last few years.

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Tesla's highly anticipated Model 3 - expected for release in late 2016 - will be priced at about $35,000, and will be able to drive over 200 miles per charge.

And now GM has come to play: Wired said the auto giant "beat Elon Musk in the race to build a true electric car for the masses." The Chevy Bolt, expected for late 2016, can also go 200 miles on a single charge, and will be priced at $33,000.

There are many more electric car models on the road today, though. See how they compare:

Skye Gould/Tech Insider

NOW WATCH: Elon Musk just revealed how you can reserve the new $35,000 Tesla

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