Looking out 5 years, there will be significant battery shortages blocking the legacy automobile manu. from making EVs in volume to compete with Tesla and Chines

Looking out 5 years, there will be significant battery shortages blocking the legacy automobile manu. from making EVs in volume to compete with Tesla and Chinese companies. It will take 5 years if they start building new factories soon to get them in production - and they don't seem to be hurrying. So in another 5 years, I see the Europeans (BMW, Merc, Audi/Porsche/VW) will stop arguing away the hit to their sales (did you see what Tesla did to them in q3!?) and react, but it will be late. Same thing for other American manufacturers. Some Japanese companies like Leaf are already getting with the program. So for the first 5 years, it will be like the days when there wasn't enough ram to go around, and it got more expensive and valuable like right after a technology transition. But in 10 years we should be back to more widespread production. Whether much of that is in the US or Europe or its all in Japan on China remains to be seen.