The stated use case is to avoid injection attacks. However the primary reason why injection attacks work is that the easiest way to write the code makes it vulnerable to injection attacks. This remains true, and so injection attacks will continue to happen.
Templates offer to improve this by adding interpolations, which are able to do things like escaping. However the code for said interpolations is now located at some distance from the template. You therefore get code that locally looks good, even if it has security mistakes. Instead of one source of error - the developer interpolated - you now have three. The developer forgot to interpolate, the developer chose the wrong interpolation, or the interpolation itself got it wrong. We now have more sources of error, and more action at a distance. Which makes it harder to audit the code for sources of potential error.
This is something I've observed over my life. Developers don't notice the cognitive overhead of all of the abstractions that they have internalized. Therefore over time they add more. This results in code that works "by magic". And serious problems if the magic doesn't quite work in the way that developers are relying on.
Templates are yet another step towards "more magic". With predictable consequences down the road.