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Oh okay. My bad. Before posting the comment I did assume them to be MXN and converted them to my local currency to see how expensive they are. But I miscounted the number of digits and found them to be cheaper than they are which threw me off.
Interesting! Are those prices listed in there within the reach of a normal worker's salary in your country?
Nah. The median worker cannot afford the cheapest car in India. If you are talking about the middle class then these cars are too expensive for them. For example, the King EV looks a sedan and the price comes out to be about 2,280,000 INR. Affordable sedans here cost much less than 1,000,000 INR. So the EV is on the more expensive side.
What's it like with car finance? Do people tend to buy cars they can't really afford? EVs are expensive in my country, too, but many people get into debt to buy them anyway.
People often to have to finance. Most people don't have the 500,000+ INR upfront required to purchase any car.
Makes sense. That's a lot of cash!