Gasoline vehicles eventually outcompeted them by reaching 60mph and having more range (sound familiar?) but the parent isn’t wrong about Rockefeller, cheap and abundant fuel came 2 years later:
> …growing electrification of lighting produced a drop in kerosene demand, creating a supply problem. It appeared that the burgeoning oil industry would be trapped into over-producing kerosene and under-producing gasoline since simple distillation could not alter the ratio of the two products from any given crude. The solution appeared in 1911 when the development of the Burton process allowed thermal cracking of crude oils, which increased the percent yield of gasoline from the heavier hydrocarbons.
https://en.m.wikipedia.org/wiki/Gasoline
Jay Leno has an entertaining segment driving around LA in his restored Baker, he can tell you all about it, fascinating vehicle: (starts at 3:20)
ICE vehicles have endured every known failure you can think of and car manufacturers have fixed all of these...over time.
It will take some time before all the snafu's with EV's are ironed out. Tesla is at the forefront since its more of a tech-company than a car manufacturer.
BTW: Volkswagen and Mercedes already have heat-pumps in their EV's.