I'm a Tesla fan and love "electro-mods" - classics outfitted with battery packs - but this seems premature to me. There is 100 years of knowledge of these engines and moving to battery tech does not require quitting ICE entirely.
If EVs become good enough, investing in ICE at previous levels is unsustainable.
Plus we have a ton of cool tech that's barely used today (steam engines, for examples). That's why we have museums.
> "At the moment, I do not expect a completely new engine family to be launched." Still, he wants to develop the engines currently in use and prepare them for new emissions standards such as Euro 7