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That is true. There is a break point though at a certain number where that won't matter. By the looks of it, we have passed it already, the number of ICE vehicles sold peaked in 2017 or something like that and just keeps dropping heavily and being replaced with Electric. ICE car sales dropped to the level 2000-2005 so went 20-25 years back. Mostly because of Electric vehicles and to some degree because of Covid and inflation.
Yes the global sale of fossil fuel cars peaked in 2017 / 2018.
Global sales of combustion engine cars have peaked
To decarbonize road transport, the world must move away from petrol and diesel cars and towards electric vehicles and other forms of low-carbon transport.

There it can also benefit with reducing car dependency there this also can save families a lot of money.

The High Cost of Transportation in the United States
What does the average American pay to get around every day in 2024? What portion of their income is devoted to transportation? Is that cost typical across developed countries? Unfortunately, the portion of household expenditure spent on transportation in the United States is often a larger...

While for developing countries it will be very costly to build the infrastructure needed for car centric cities and it could also lead to the destruction of many local neighborhoods

The Roads That Tear Communities Apart
Urban interstate highways displaced hundreds of thousands of households, destroyed neighborhoods and enforced racial segregation, and they continue to harm low-income communities. We need to ameliorate this tragic history.
