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xkcd #3214: Electric Vehicles
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Depends on the car. Waste of resources sure, but it can reduce emissions depending on the car
Unless their car is scrapped, this only results in another car being on the road.
New drivers will be new drivers regardless. It will most likely just end up as a stored car or a replaced car of another car
Unless the 'another' car being replaced isn't irreparably broken and just doesn't suffice our MOT requirements, it's probably ending in a 3rd world country and will remain in use there (probably instead a cheap light EV).