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I dont know what you think India’s demographic looks like. But you will rarely even find a middle class person buying a 20k USD car. Majority of the population
by anaganisk 5y ago
I dont know what you think India’s demographic looks like. But you will rarely even find a middle class person buying a 20k USD car.
Majority of the population wouldn’t even go above 10k.
- toomuchtodo 5y agoI think India's demographic is very poor compared to the developed world. I believe my top comment communicated this ("Change doesn't occur marketing and selling to those with no purchasing power"). The poor have no purchasing power. EVs may be out of reach to your median Indian for some time. As a rapidly expanding business, you have to go where the revenue and margin is.
- anaganisk 5y agoThats not global at all. Hyundai/Kia are more like Global.