Allkem General Discussion, page-606

Haha yes I know how you feel about petrol - it is well over $2 in some places for 98 atm. crazy!

Btw, in relation to my "questions":

(it's not important to know the specifics, but having some perspective and rough understanding is critical imo).

A 60kWh battery pack contains roughly 50kg of LCE.
At $20k/t (arguably a typical "current" contract price), this equates to $1000 of LCE per battery pack.
If the price doubles; $2000
If it triples; $3000
(USD)

Upgrading the wheels on a Tesla model 3, from 18 to 19-inch, costs $2200. (AUD)

DYOR on factory options for sunroof, wheels, navigation, etc etc on various makes and models.

The extra $2k in Li cost if the price "triples from here" is "only" the cost of a couple of common options on most vehicles.
IMO it won't significantly delay the EV transition or limit EVs into a particular high-end category.
Prices are coming down, every year, as the competition builds and economies of scale take shape.

Exciting times!

Good luck.