the number of models of electric vehicles available for sale is about to increase enormously
the purchase price of electric vehicles is falling significantly
the range of electric vehicles about to match or even surpass ICE vehicles
EVs have essentially zero maintenance issues apart from the need to replace brakes and tyres (and with regenerative braking, brake pad wear is minimal)
the batteries in EVs last hundreds of thousands of miles/kilometers with absolutely minimal degradation;
and EVs are cheaper to fuel
So why would anyone consider buying a car with an Internal Combustion Engine? Most people won't. And consequently, the resale value of ICE vehicles will collapse.