Combine that observation with the IEA statement that global EV adoption increased 25% year-to-year in 1Q24 and it appears that locations that allow Chinese-priced BEVs are being electrified pretty quickly.
The conclusion then is that ICEs and hybrids are on borrowed time. They are viable only until BEVs of comparable performance are price competitive without subsidies/incentives. It is likely that this point will be reached within two years by at least Tesla and BYD.