This will definitely allow ICE trucks and SUVs to maintain their dominance.
This should re-route some capital away from EV. Why create expensive EV F150s when you can now maintain the current generation EcoBoost power plants and save the cash.
"The most merciful thing in the world, I think, is the inability of the human mind to correlate all its contents... some day the piecing together of dissociated knowledge will open up such terrifying vistas of reality, and of our frightful position therein, that we shall either go mad from the revelation or flee from the light into the peace and safety of a new Dark Age."
-H.P. Lovecraft