Comment by mallets

The explanation is that the trusted brands (in 2Ws) are just now rolling-out EVs, the market is very conservative and home charging likely isn't an option if one's renting.

The cheaper variants now have enough range to relieve (urban) range anxiety, wasn't the case a year or two ago. My own model that's 4 years old, the new variant now has 2.5x range, faster charging and much better features. All that for the same price, and without any of the subsidies that used to exist.

These things take time, this is a low-margin business that isn't drowning in VC money.