According to the official documentation [1], the 13" M1 MacBook Pro also has this limitation:
> If you're using a Mac with the M1 chip:
>
> On iMac, Mac mini, MacBook Air, and 13-inch MacBook Pro, you can connect one external display using either of the Thunderbolt / USB 4 ports.
[1] - https://support.apple.com/en-afri/HT202351