That’s a good thing in many ways. Environmentally a huge chunk of the problem lies in the manufacturing of new cars, and it’s even worse with electric ones. Current ICE should be kept running for decades, not replaced at all costs.
Now of course you then get into spikier debates when you look at who actually bears the cost of the transition. When poor people with street parking end up subsidizing rich people’s electric cars (as is currently the case where I live), we have a problem IMO. Not a new one; people who don’t drive have been getting shafted for decades. But now it’s getting worse!