If your loss goes from 5% to 1%, you have to deal with 80% less heat. So you can make 3x smaller motors. All the powertrain of these machines will be hugely simplified.
That's no small deal, but in the grand scheme of things that a hot superconductor can give us.. I mean, this can (possibly, with decades of research) give us fusion, quantum computing, etc.
The motors are not a constraint though for electrical vehicles. The motors are already much smaller than equivalent ICEs, as seen in the empty "frunks" in most electric cars.