I think it will happen in some places.

Electric cars have been doubling in production worldwide for awhile and are projected to be cheaper than new gas cars on initial price in the next few years. The batteries needed to cross the $100/KWH mark and they are at $120. Battery prices have been plummeting for decades and renewables when they are on are turning into basically free energy with how much they have plummeted in cost.

Right now it's hard to see but projections show this is peak demand of oil because 10% of new cars worldwide are electric. The US lags in the electric car market.

It's also in America the average purchase price for a new vehicle is $47k so price isn't as big of a concern in the aggregate so this has runway before it gets cheaper.