I think you will find you are wrong. Cobalt is a primary component of most EV batteries.
Lithium
A key component of EV batteries. New technologies are being developed to extract lithium more sustainably.
Cobalt
A primary component of lithium-ion batteries, which are commonly used in EVs. However, cobalt extraction can be damaging to the environment and linked to socio-economic issues.
Nickel
Used in the cathodes, or negatively charged parts, of EV batteries. Nickel is ideal for higher-power batteries.
Manganese
An essential metal for manufacturing EV batteries.
Graphite
An essential ingredient in EV battery anodes, which are terminals inside a rechargeable cell. Battery makers can use natural graphite or synthetic material, which is more expensive but lasts longer.
Lithium iron phosphate
A material that's gaining traction as the EV battery material of choice as the auto industry works to produce more affordable electric vehicles