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Biofuels have at least two huge issues:

The first is that solar PV has already well exceeded the efficiency of growing crops for fuel by multiples. Then there’s wind, nuclear, hydro, etc. Biofuels consume far more land than renewable and zero carbon ways of generating electricity. Even worse they consume fresh water. Electric generation consumes very little water by comparison.

Secondly and related to this biofuels compete with agriculture for food. You frequently hear about using farm waste but there is only so much of that. Our machines use more calories than we do so try to scale that up and soon you are growing crops for cars. That’s a bad path to go down in a world where population is expected to peak as high as 11 billion. Much better to run machines on stuff we can’t eat than to set up a competition.

The only good bet against EVs is in heavy and long range vehicles not cars. I am skeptical of electric trucks not because they can’t be done but because I am skeptical of our will to build out adequate charge infrastructure. But trucks account for a lot less liquid fuel use than cars so solving the car problem is a huge win. If we electrified light vehicles we could cut liquid fuel use by more than 50%.

That doesn’t mean all car companies should totally cease ICE production though. There will still be some market for them into the foreseeable future. I expect EVs to take the bulk of the market though.