I mean, not likely, not really, but it will hurt inflation. Horse farmers got fucked up when ICE took over, but the world trundled on. EV's will be the standard in another 25 years and ICE will be for weirdos into collectibles that are down to pay the $30 a gallon, but for the next decade or so, we really haven't figured out jet fuel, and that is a problem.
I priced out one of those things and have it kitted up like a real car and not a stripped EV lego toy. It was more like $35k, but that is pretty competitive with all the other new cars on the block, so it seems to fit right in if they are built worth a damn.