This is true, but ROI on improving infrastructure and city-planning to revolve more around bikes and other alternative forms of transportation is going to be way higher in the long run if done thoughtfully. Especially as e-bikes continue to get better and more affordable. It's definitely a "porque no los dos" situation.

And while I'll grant you I'm no expert, some things I've read strongly suggest that improvements to city planning that making it more friendly for bikes, pedestrians, and transit commuters also tend to benefit the vast majority of drivers in various ways.