A more apt comparison would be a fuel pump, since fuel tanks don't really stop working short of springing a leak which brings its own problems.
Fuel pump failure is certainly not an uncommon thing, although in my limited experience, they usually become a bit intermittent and the car sputters for awhile, rather than losing all motive power at once (but that's totally possible too).
I am guessing when drive power is lost on an EV it would just coast (hopefully). Since there's effectively no connected battery pack to regen to, and the electric motors won't physically lock up.
Given that it is a car post Internal Combustion Engine would be my first guess when seeing ICE but I can see where one might think of the other as well.
