Yes, the batteries are very energy intensive to produce. Which is a very strong incentive to build lithium ion battery factories where cheap electricity is avai

Yes, the batteries are very energy intensive to produce. Which is a very strong incentive to build lithium ion battery factories where cheap electricity is available, which most likely means hydro, or other renewables (because hydro, wind, solar tend to be far from population centers). I've seen some really unfair analyses of the CO₂ produced by EV production that assume all energy inputs are from renewable sources at the US average (just 21% of electricity in 2021), which is not true. So battery production is a good way to transport energy from where it's cheap to produce to where it's needed, much better than bitcoin.