I don't think there's any "collusion" or other conspiracy to hold back electric vehicles, I think what BMW said is objectively true. Lithium batteries have cost too much in the past decade to put them into more than luxury cars or negative-profit compliance cars. Supply chains don't appear overnight. LG Chem, Samsung SDI, AESC/NEC, BYD, Foxconn, etc have been building factories and securing raw materials for many man…
I'm not saying there was conspiracy but there was complacency. The reasoning "batteries are expensive" is circular. As Musk said, technology doesn't advance as a function of time but as a function of R&D investment. See atomic bomb or space race for the most dramatic example of how throwing money at the problem compressed the timeline. Car batteries did not get cheaper because 2 years passed but because Tesla and Pan…
This said, continuing to throw money at a problem such that it leads to more and more people developing a skill set in the space would overtime help, but then again, they could reduce the amount of investment down the line, and you'd still have people who were highly specialized in said domain to target that problem anyways (abet being paid less).