Doesn't matter the price of the V4. 20k, 45k, or 65k. It's still a placeholder until Norton TVS brings to market the "other" motorcycles they keep promising. Also, if you think there is an "up" market for Norton, then that makes them compete with BMW, etc., which, as said before, is in direct competition with itself. They would also need to have better components, etc, and TVS is not known for better.
One thing all these manufacturers know is they sell bikes for the market rate at each CC level, given apples to apples, so a lot comes down to marketing, financing, and I hate to say it, but too many people drink the koolaid of these internet "reviews." Even the magazines are now swayed by manufacturers with trips and swag. I went to a manufacturer's event not long ago, and basically, it was hand-holding the whole time. I listened to all the reps repeating the same lines to each person. Isn't that the best(whatever)you have ever seen? This isn't just new, it's Next-level! My favorite was when they kept name-dropping famous people to say what they thought about them. So and so thought this was awesome. They plant phrases that are easy to repeat. It’s a subtle influence to give them the words, and those words have shown up in reviews, unboxings, and ride videos almost verbatim.
Keep referencing Triumph, and you need to add that it was because of Bajaj (mostly) and because of dealer/manufacturer incentives. Right now, dealers in California are still trying to sell 2024MY bikes plus get the 2025s sold, hence the promotions, below list sales. The Speed is a great bike, and for smaller or entry-level riders, you would be wise not to overlook it. Just like the Thruxton R is one of the best bikes they made, and is a solid ride.
As mentioned earlier, the Triumph name carries significantly more weight around the world, and name recognition is crucial to sales. Norton has none of that....right now. Maybe if they can attach more of the TVS to it in the markets they excel at, then maybe so. However, I don't see Norton being a big seller in Brazil etc, either, where small bikes also dominate. Then again, David Hassholf was a platinum-selling artist in Germany, so anything is possible!!