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I’ve heard that the electrical grid wouldn’t be able to handle it if every car was electric. Not just the energy production, but also the wires buried under the streets.
If every car was instantly converted to electric, the grid would struggle but not collapse. There is a lot of extra (but more expensive) production capability on the grid, and EV's are being added gradually, not instantly.
The grid is currently being upgraded to support air conditioners and heat pumps. EV charging can be scheduled for times when the grid is under less load, so EV's will have a relatively small impact on the grid.
TL:DR: The grid will be fine.