Ann: Market Update - Delay in Assay Results, page-275

Most people change cars after 8 years, in the US most automakers have an 8 to 10-year or 100,000 miles warranty on batteries, an article I found on the life of batteries states:
"EV batteries to last more than 10 years and some will go well beyond that, before needing to be replaced. The average EV owner will sell their car long before they would need to replace the battery pack" I have heard they may even last up to 20 years.
In the same article it states to change a battery the costs now are:
"average cost is $5,000-$15,000" depending car size and "installation cost can run from $1,000 to $5,000".
The statements are from: https://www.greencars.com/guides/definitive-guide-to-electric-car-batteries-range
The change to electric cars is inevitable, and when you consider there are 66 million new car sales each year, that is a lot of Nickel, lithium and Cobalt that will be required.
Keep in mind raw materials for batteries account for about 60% of the total cost, as such any increase in raw materials will not have such a huge increase in batteries prices as you are stating. Say if raw materials increase by 100% then the price increase in batteries for say a $10,000 battery will be only an increase to $16,000. I can't see these raw material prices increasing more than 100% next year but who knows.
I found another article which states that some car manufactures are looking at getting into the mining game to secure materials:
https://en.institut-seltene-erden.de/glencore-volkswagen-als-die-automobilhersteller-in-den-bergbau-vordrangen/
This is all looking good for CNJ's Cobalt/Nickel resource, who are looking for a joint-venture partner.