My big problem has to do with the surface area of the chip(s) vs the cubic volume of space being chilled.
Condensate control would also be a factor, but perhaps they are using bonded finned-sinks within a housing.
It would be nice to see an engineering diagram.
You are right on. The other thing is an airconditioner for a car has to large enough to cool a good size house. A car is a steel and glass uninsulated greenhouse that has to be cooled from 130+ inside temps to 70 in a reasonable time.