In practice it is. People use it as a synonym for trickle down economics. As in, the billionaire’s yacht rising with the tide will somehow trickle down to the rest of us.

For the occupants, any pedestrian hit by an EV will generally be in worse condition than if they were hit by an ICE vehicle.

While this is ultimately good, the benefit can’t be applied so broadly as “the breakthrough that makes EVs safer than ICE cars”.

The solution as always is to reduce car dependence.