Does the 2040 ban on new petrol and diesel cars mean death of biofuels?

Around 5% of the volume of average British tank of petrol or diesel comes from biofuels at present

One question that arises from the announcement by the UK government that new diesel and petrol cars will be banned by 2040 is what it means for biofuels. If cars running on fossil fuels will be substituted by electric cars, it could imply that all liquid transport fuels will be eliminated.

Around 5% of the volume of the average British tank of petrol or diesel comes from biofuels at present. It is produced from various sources, including corn, wheat, sugar beet and waste ranging from rotten vegetables to used cooking oil.

Biofuels in the UK by