No sinister conspiracy is needed or useful in explaining why electric cars are not yet anything more than a tiny niche of the automotive market.
There is a serious technological issue that is holding electric cars back. If we ever overcome this issue, then I expect the internal combustion engine to very rapidly become obsolete, with electric cars quickly becoming dominant. I expect that once they go into large-scale mass production, electric cars will be less expensive that internal-combustion-powered cars. Consider that an electric motor typically has only one moving part, compared to the hundreds of moving parts in a modern internal combustion engine. And because an electric motor is easily reversible, and operates over a wide torque range, it would not require nearly as complex a transmission as is found in a normal car. An electric car should be simpler, cheaper to build, much more reliable, and require much less maintenance and repair, and much, much more efficient.
The one issue holding them back is the portable energy source to power them.
On my former job, I drove an electric forklift. The battery in this forklift weighs about 3500 pounds (that’s heavier than most modern cars), and has a stated capacity of 850 amp-hours, at 48 volts. This comes to about 40 kilowatt-hours of energy. A gallon of gasoline has about 33.7 kilowatt-hours of energy that can be released by burning it. So the battery in my forklift can contain the equivalent of about 1.2 gallons of gasoline.
And that’s the big problem limiting electric cars. We do have better battery technology than what is used in forklifts, but we have none that comes anywhere close to matching the amount of energy that can be stored in a given weight and volume of gasoline.
Batteries for electric cars have a finite usable life, and, at this point, are prohibitively expensive to replace. Consider how often you need to replace the battery in a normal car, and that this is a battery of much, much lower capacity than what would be needed to power an electric car, and is used very briefly, just to start the internal combustion engine. An electric car would need a much,much bigger battery,and because it is in more constant use, it would have a shorter life, and need to be replaced more often.
Charging is also an issue. I have calculated that to charge a battery at a rate that is equivalent to pumping gasoline into a car, you would need a source on the order of millions of watts, and a battery that could withstand being charged at such a rate. Don’t try this at home.