Because it's compact and it sells way more than the RF mount cameras right now.
Your APS-C lenses in the past weren't compatible with full frame DSLRs when you upgraded, so nothing really new here. EF-M mount is here to stay because it's a different market to the R. I use both systems and have never once thought "I wish I could use my EF-M lenses on my R body!"
Yeah and the numbers agree on this the M50 is Canon's best selling mirrorless camera for Canon and on the market period right now at least according to Amazon.
Amazon Best Sellers: Best Mirrorless Cameras
Discover the best Mirrorless Cameras in Best Sellers. Find the top 100 most popular items in Amazon Electronics Best Sellers.
www.amazon.com
The market saids there's room to separate those that want the R and those that want the M and there's also people who have both like you and me. The M50 has been one of the top choices for vlogging and 1-person content production probably until the Sony ZV-1 is out and I'd say its still a good choice especially for those who want to be able to change lenses as oppose to the ZV-1. The M50 is basically like a swiss army knife in a small compact package and good price point that hits a lot of users.
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