Indded. We'd be committing everyone - poor, old, rich, young - to constantly rebuy cars on a schedule that automakers decide. They could obsolete cars at will. Or set up subsciption services - brake control, GPS maps, charge us for our own surveillance.
What is unbelievable is they think that cars are retired every five years or so, so obsolence won't be a problem. They know perfectly well that people keep cars for ten - fifteen years because, well, they're bloody expensive. They want that option gone. We'll be on an upgrade cycle like PCs, and enormously profitable one.
Cars, esp. electric cars, can easily last twenty years. Change the batteries, the motor bearings, seals, and it can keep going. That is a huge problem for car manufacturers. Computer controlled everything fixes all that for them.