The problem is that you get what you give incentives for.
Right now, there's a big push to move to EVs. However, in the long run you might end up with more cars total. As the old cars aren't going away for a while. So you're kinda pushing a even heavier car dependence on society. All for a small net gain of reducing a few ICE vehicles.
If the same subsidies were also applied to (electric) bikes, public transit etc it would instead actually shift behavior.
EVs aren't saving society. They're saving the car industry.
For bike subsidies to work a ton of money would need to be put into installation of bike lanes too, though. Where I live a bike would be great, but bike lanes are rare and riding on the road along with gargantuan SUVs and trucks is not an attractive proposition.
It's only expensive because one insists on having all the roads remain for cars and need to build bicycle infra in addition, often by purchasing land next to the road, rebuilding intersections etc.
Can do it cheaper like how they did in Paris: just give some of the roads and lanes to cyclists. Almost free, might need a bollard in the beginning, but the road is there already.
Right now, there's a big push to move to EVs. However, in the long run you might end up with more cars total. As the old cars aren't going away for a while. So you're kinda pushing a even heavier car dependence on society. All for a small net gain of reducing a few ICE vehicles.
If the same subsidies were also applied to (electric) bikes, public transit etc it would instead actually shift behavior.
EVs aren't saving society. They're saving the car industry.