It will more than likely lead many back to a horse and cart if this lunacy continues.
The straight forward fact is your "EV" WILL cease to be any kind of vehicle around ten years - max.
Who would buy a modern ICE car if told at purchase that you WILL be up for an expense of around $12,000 around the ten year mark - my ICE ute is now 13 years old and still performing beautifully - all I need to do is maintain it and it will see me out - batteries have a limited number of cycles which will be the end of EVs (for the masses)