Anyway, there are no billions of new middle class people ready to buy a car there. You are far, far overestimating the growth potential and at the same time underestimating the current rate of vehicles ownership (mostly two wheeled).
Electrification, certainly, more A/C definitely, more cars, sure a bit but infrastructures are already under heavy load which limits the interest. Billions of cars, never.
Anyway, there are no billions of new middle class people ready to buy a car there. You are far, far overestimating the growth potential and at the same time underestimating the current rate of vehicles ownership (mostly two wheeled).
Electrification, certainly, more A/C definitely, more cars, sure a bit but infrastructures are already under heavy load which limits the interest. Billions of cars, never.