The required method is using the Apple macOS tool Configurator tool from a second Mac connected via a USB-C Thunderbolt compliant cable. Time to find a friend with a M series Mac who can help you out.
Reference:
* [https://support.apple.com/guide/apple-configurator-mac/revive-or-restore-a-mac-with-apple-silicon-apdd5f3c75ad/mac|Revive or restore a Mac with Apple silicon using Apple Configurator]
* [https://support.apple.com/en-us/108900|How to revive or restore Mac firmware] - The process its self.