It already has…
VW group have confirmed that 2023 petrol/diesel new releases will be the last to be designed… all focus will be electric from now on out apart from the odd mid life face lift. They will be all electric by 2030
Volvo have confirmed they are not designing any more combustion engine cars.
BMW have a couple of updates and facelifts int he pipeline but other than that they are done
Stellantis Group (I think it’s the biggest in the world now) again have a few face lifts left but other than that all new models will be electric.
Toyota are committed to 2030 but are slightly behind. That being said they have plans to get back on track
Hyundai and Kia are well on the way
Even JLR and Merc are looking likely to be ready before the 2030 deadline.