Forgive my simplistic application of this logic - If I'm wrong...

Forgive my simplistic application of this logic - If I'm wrong and stand to be corrected please do so - however a reduction in value of Li mineral prices should result over time in a drop in cost of production of EV cars, which should then translate to the cost of EV vehicles coming down? Is that too simple a take?

Would that in turn generate a governmental push to promote EV uptake through parallel supports/tax incentives etc? I certainly don't disagree that based on a current combination of niche pricing and Australia's appetite for large ute vehicles, its no doubt resulting in slower than projected uptake.
It appears to be a litany of competing beliefs, governments, and the free market 101.

Do we not simply apply the 'putting it in the bottom draw' until circumstances change? Changes what would have been a quick win, into what the norm is typically with minerals and resources, which is a long term play when ALL conditions benefit that material and use.

Cheers