Check the numbers. In 2023 China sold circa 39 million EVs World Wide. If they keep up this rate of growth, possible, maybe, in the average 8 year span life of most EV batteries, think of how many customers will be looking for them to replace the key component. You either end up with a massive supply problem on lithium (lots of other technologies have a call on the chemicals, not least mobile devices and aircraft, civil and military), or the whole thing comes to a grinding halt. Lot's of EVS parked up with nowhere to go. However you cut it, the economics of EVs just doesn't add up.