Just so. Today, I'd be able to get by with an EV if one were to miraculously appear before me, but none of them could have replaced an ICE for the kind of tasks we use our vehicle for at the time of our last refresh cycle (~6 years ago) at a remotely competitive cost.
Early adopters are going to early adopt, and people in high income brackets who own multiple vehicles can readily afford to have an ICE vehicle and an EV, but there are finite numbers of these folks out there to sell to. I reckon only recently EVs have gotten good and cheap enough to seriously replace ICE vehicles in the mass market.
Personally, I've got zero incentive to replace our fully functional ICE vehicle with any vehicle (EV or otherwise) until its "pretty darn reliable" service life ends - which I would place at least another 5 years in the future - at which point EVs will have closed even more of the gaps.
Early adopters are going to early adopt, and people in high income brackets who own multiple vehicles can readily afford to have an ICE vehicle and an EV, but there are finite numbers of these folks out there to sell to. I reckon only recently EVs have gotten good and cheap enough to seriously replace ICE vehicles in the mass market.
Personally, I've got zero incentive to replace our fully functional ICE vehicle with any vehicle (EV or otherwise) until its "pretty darn reliable" service life ends - which I would place at least another 5 years in the future - at which point EVs will have closed even more of the gaps.