OK, let me try to explain...
The big boys, with all their history and experience have yet to make a profit on their EV endeavors; far from it.
In fact, they are losing billions of dollars. GM and Honda just punted on their project and dissolved their plans to build an affordable EV.
From Reuters:
TOKYO, Oct 25 (Reuters) - Honda Motor
(7267.T) and General Motors (GM)
(GM.N) are scrapping a plan to jointly develop affordable electric vehicles (EVs), the companies said on Wednesday, just a year after
they agreed to work together in a $5 billion effort to try to beat Tesla (TSLA.O) in sales.
The decision underscores GM's strategic shift to slow the launch of several EV models
to focus on profitability, as it grapples with the rising cost of United Auto Workers strikes, which surged to $200 million a week this month.
I hope this explains my point.