Seriously, you are stuck in a time warp.
The world have changed a lot since the 1990.
Presently, circa 80M cars are sold worldwide. In the US, it was 15M. In the EU, it was 10M. Combined between the US and EU, circa 25M was sold in 2023
Whilst in China, 30M cars (including NEV cars) were sold. Which left another 25M cars sold worldwide (outside of China, US and EU).
That is still a Massive Market. Its actually equivalent to the total number of cars sold in the US and EU combined (refer to above).
Now, if a consumer can find a cheaper EV car when compared to an ICE car from GM, Ford, Toyota, Mercedes, BMW, etc etc etc, why wouldn't the consumer buy it??? Its logical to save money, right???
As to the issue of Infrastructure, that REALLY is your assumption. You should try travelling to see for yourself. Nearly every shopping mall I went to, when I was travelling around SE Asia, a few months ago, had a few charging stations.
As to your assertion, they lack the disposal income - well, what can I say; seeing is believing. China and South East Asia is the biggest market for ICE Auto makers like GM, Ford, Toyota, Mercedes, BMW, etc etc etc. And they make MOST of their profits from the Asian markets.
The world have really moved on, from the EU/US centric view of the world. Its time you get out there and see the world.
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Seriously, you are stuck in a time warp. The world have changed...
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