Lithium is a very small input to batteries, by mass. I forget the exact number, but I think only a few percent by weight, and it's not a major part of the cost.

Lithium is a very small input to batteries, by mass. I forget the exact number, but I think only a few percent by weight, and it's not a major part of the cost. There's also this breakdown: https://www.visualcapitalist.com/breaking-down-the-cost-of-an-ev-battery-cell/ https://www.visualcapitalist.com/breaking-down-the-cost-of-a... I would expect battery prices to stall on their drop, or even rise a bit, in the next year or two, before dropping again massively in price. There has been a lot of supply chain disruption, and an absolutely massive increase in demand. But lots more production capacity is being built.