A mass production of batteries is absolutely necessary in the mass production of electric vehicles or EVs, as they are usually called in abbreviation.Even if their commodity prices were to increase, lithium only accounts for just about three percent of the overall price of an actual lithium-ion battery.
From now, until the near future, the state of the art in it s category is the lithium-ion battery. This has surely raised a serious bundle of questions, mainly just about the availability of lithium, more or less.
Link: REVE - Regulación Eólica con Vehículos Eléctricos -