2) NIO, the electric vehicle company in China, is considering an entry into the Malaysia EV market. The total car demand is 600,000 vehicles per year, with a growth rate in NIO's opinion, of 5% per year, assuming no economic recession. The market share of EVs in the total car market in Malaysia is now 2\%, NIO's consultant, Bain \& Company, forecasts this EV market share to grow to 4%,6% and 9% in the next three years. The average purchase price of an EV vehicle is US\$ equivalent $25,000, and inflation is 4%. NIO sells believes it can attain a 20% market share of the EV market in three years. What would be NIO's annual revenue in Malaysia in year 3