This might be marketing hype.
https://markettactic.com/red-hot-battery-market-desperate-for-lithium/5515898/
Quote
<< The International Energy Agency (IEA) estimates the need for lithium will increase by up to 70 times5 over the next 20 years.
For its part, Fitch Solutions projects that for every 1 million electric vehicles on the road, the electric vehicle market will need 60,000 tons6 of lithium. At that rate, the world will need between 2 and 5 million tons of high-grade lithium over the next five to ten years. >>
