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It isn't the end of the HP wars. Even if the restrictions became soo tight that they had to drop down to 220 HP they would still be battling each other. However it is starting to become the end of the high stock HP wars for gas powered engines.
Look at it this way, the Mustangs lose HP due to Ford recalibrating the tune. Meaning you still have the same engine components and compression ratio. So it is nothing an aftermarket tune won't fix. So basically you'll be gaining n extra 10 HP with a tune over the stock tune.
The HC Durango being discontinued might be more because it wasn't a strong seller. Most people in the SUV market are not looking at a gas guzzling supercharged V8 700+ HP unit. They're looking at Tucsons and Sorrentos and X3s and those types of vehicles. The SUV market was not gonna pan out well for the HC anyway. Plus they already had the Trackhawk in that market. It was a good endeavor but ultimately it failed. Now if the Durango AND the TH were both being discontinued then that's a different story.
Anyway the wars will continue even when ICE engines are long gone. It's just that now things are starting to shape up.
And sure, they all planned to be gas free by 2035. But that just means that starting now they will little by little transition people towards EVs. Most likely there's only about 5 years left on the clock IF that. Think about it. Gas free by 2035 which is only 13 years away means that there will probably be over 50% EVs on the road in 5 years. Maybe 75%.
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