I have a fundamental question though. Will EVs (Li battery based) achieve the holy grail of IC engine replacement?
Earth's Lithium deposits.................. 88,000,000,000 Kilograms [2], [3]
@25% Viable for mining.................... 22,000,000,000 Kilograms [2], [3]
Tesla S battery weight.................... 540 Kilograms per car [4]
Lithium weight per Tesla S battery........ 63 Kilograms per battery [4]
Max Tesla S (global) production possible.. 349,206,349 units (See Edit below)
Number of automobiles running in the USA.. 102,000,000 units [1]
Number of automobiles running in the World 1,500,000,000 units [5]
So, even if we theoretically assume that the earth's entire known Li reserves are used for EV usage, we cannot replace more than 25% of the currently running cars in the world.
So, we have a bigger problem ahead of us (over the next decade) that will act as an opposing force against EV penetration and replacement of the IC engine.
Solutions possibly lie in exploring other battery chemistries while improving the efficiency of Li extraction.
Edit: As some of the comments below point out, the Li content in a Tesla Model S battery is approx. 63 Kg. That makes the Max Tesla S (production) possible to 349 million units. So, in theory, one could replace all IC engines in automobiles plying in the USA. That then leaves the rest of the world. So, the problem still remains.
[1]: https://www.fhwa.dot.gov/policyinformation/statistics/2021/m...
[2]: https://www.popularmechanics.com/science/energy/a42417327/li...
[3]: https://www.usgs.gov/centers/national-minerals-information-c...
[4]: https://blog.evbox.com/ev-battery-weight
[5]: https://www.weforum.org/agenda/2016/04/the-number-of-cars-wo...