Electric parking brakes are not emergency brakes and not meant to be used that way. With all wheel disc brakes, the rear discs use a motor to move the caliper pistons, locking the rotor disc. I haven't read my owner's manual for this info but guessing electronics will not allow emergency braking - engaging parking brakes. If this info is incorrect and one can engage parking brakes while at speed, rear brake lockup may result, leading to skidding, possible loss of steering control and damage to the rear brakes.
In one way, I don't know if anyone has tried drifting, using electronic parking brakes. There's always one person willing to try it and see if it works..........
When used correctly, most of us already using auto vehicle hold will come to a stop with AVH (enabled) automatically engaging the parking brake to allow releasing the brake pedal wuth engine/xmission engaged at idle rpm. AVH will flash to indicate parking brakes are holding the vehicle until the accelerator pedal is pressed, automatically telling the brake control module to release the parking brake to allow normal acceleration. Hill hold is another way of describing AVH (when enabled). I can't find mechanical drawings for our Subarus' electronic parking brake system so I'm at a loss as to whether this is an improvement over the older cable system or brings a new set of future issues when electronic park brake systems age, corrode, and fall behind maintenance. In theory, at least in my mind, if failure occurs, it would be inability of parking brake use. Worse case scenario might be a stuck parking brake unable to release. This would suggest severe corrosion, poor/non existent periodic brake service, mods that interfere with operation, etc.
Suffice it to say that buying a new vehicle gives three years of warranty protection against failures or faults if parking brakes fail. During and after new vehicle warranty, it's up to owners to maintain brakes for safe and reliable operation, including inspecting parking brake operation for trouble free service.