I read your comment before your edit, yes. You cite a $3k honda bike. This vehicle is $7k. A very cheap subcompact is $16k. So this vehicle captures about 75% of the price advantage of a bike compared to the cheapest car. In other words, it does capture most of the price upside, where you claimed it captured no upsides.

Personal rudeness isn't allowed on Hacker News. Please read and follow the HN guidelines: https://news.ycombinator.com/newsguidelines.html.