Eventually, sure. But 11 years ahead of the supposed ICE ban? When EV sales already aren't growing with those incentives in place? All this will accomplish is ensuring the ICE ban never happens.
Also, this is more than "removing incentives" -- it's an outright EV penalty. The increase in registration fee for EVs is roughly double what the most popular ICE car (Honda CRV) pays in annual gas taxes in the state, according to Gothamist/NPR https://gothamist.com/news/what-drivers-need-to-know-as-nj-m...