| I live in Vietnam and we have EVs for "normal people" here. EV doesn't mean "cars". The V is for vehicles. We've had electric scooters on the roads for many years. In some cities, especially in the north they are nearly the majority of vehicles on the road. But even if you limit yourself to cars, a friend just bought a Volvo S90 Recharge electric car to drive in Ho Chi Minh City. And the first electric bus route launched earlier this year. Toyota will never be very popular in Vietnam. If anything the Kia Smile is probably the most popular car and will be for a long time. |
Cars themselves went from being a rich person's curiosity to mostly-affordable to ubiquitous in the space of 50 years.
Airline travel went from a luxury for the rich to broadly affordable in about ~30 years.
For more recent examples see smartphones - in less than 10 years it's gone from exclusively high-end device to near-universal adoption across the world.
It's often hard to figure out what technologies will stick and what will never resolve fundamental flaws - but once it sticks in the high-end market there is a good bet it will rapidly drive its way down the price scale, at a far faster speed than you might expect.