Industrial development is indeed expected, but in my opinion this is also motivated by the idea of changing society's tendency to be less dependent on the use of oil (gasoline or diesel). The political and economic situation between western and Arab countries is increasingly heated and oil prices are never stable, so this idea may be part of the government's plan to no longer depend on its oil supply countries.
I don't know, I didn't think much about it, but maybe what I said was one of the reasons behind the idea. Additionally, the government will probably tell us indirectly that bitcoin mining saves more energy than the amount of electricity used by cars.
Some developed countries will continue to evolve because expecting oil imports from other countries is quite unstable for the country's economic process, especially if the oil producing country is experiencing high geopolitics so that the export process will be disrupted and can cause chaos. Low costs usually have an impact on the other side and whether electric cars can be a solution to the problem of oil or diesel fueled cars requires study because sometimes what is conveyed in the media does not happen as in reality.
Another fact is that bitcoin mining is much more energy efficient and does not cause global warming compared to the more energy that would be used in electric cars, whether renewable energy or not. However, the government is actually trying to pose a threat to bitcoin mining, which is actually much more environmentally friendly.